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 extensive knowledge in development and expansion in Latin America.
Freitas built a solid career in the capital markets, specializing in the development and management of businesses in emerging segments. Recently, Freitas served as CEO of Bitso in Brazil, focusing on expanding the usability, accessibility, and security of cryptocurrency assets and accelerating the financial inclusion of Brazilians. Before joining Bitso, Freitas was the national manager of Global66 and previously held leadership positions at Citibank and HSBC. He has a degree in economics from Ibmec.
"I'm excited to join Crypto.com to accelerate cryptocurrency adoption in Brazil," said Freitas. The market represents a huge growth opportunity, and we are focused on continuing to expand our presence in the region to ensure that 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 fiduciary wallet services to clients in the country. The Crypto.com Visa card has also been available domestically since November 2021, offering customers the ability to make purchases with local fiat currency and their cryptocurrencies. According to aChainalysis report September 2024Brazil ranks 10th in the global cryptocurrency adoption index.
