Crypto.com Appoints Thales Freitas as General Manager of Brazil

Crypto.com announced today the appointment of Thales Freitas as General Manager of Brazil.With over 15 years of experience in finance, B2B technology and fintech, Freitas brings a broad knowledge in development and expansion in Latin America. 

Freitas has built a solid career in the capital market, having specialized in the construction and management of businesses in emerging segments. Recently, Freitas served as CEO of Bitso in Brazil, focusing on the expansion of the usability, accessibility and security of cryptographic assets and the acceleration of the financial inclusion of Brazilians. Before joining Bitso, Freitas was national manager of Global66 and previously held leadership positions at Citibank and HSBC. He holds a degree in economics from Ibmec. 

“I am excited to join Crypto.com to accelerate the adoption of cryptocurrencies in Brazil”, Freitas said, “The market represents a huge growth opportunity and we are focused on continuing to expand our presence in the region to ensure people have access to crypto assets on a secure, regulated and compliant platform

“We are excited that Thales has joined our team to expand our services in Brazil”, said Alain Yacine, President of Crypto.com in Brazil and Latin America.“Thales brings extensive experience that will help us grow and accelerate the adoption of cryptocurrencies in Brazil and throughout Latin America in the future  

In December 2022, Crypto.com obtained the Payment Institution License (EMI) from the Central Bank of Brazil.The license allows Crypto.com to offer regulated fiat wallet services to customers in the country.Crypto.com's Visa card has also been available in the national territory since November 2021, offering customers the possibility to make purchases with local fiat currency and its cryptocurrencies chainalysis report September 2024brazil ranks 10th in the global crypto adoption index.