A group of hackers that gained unauthorized access to the Central Bank of Brazil’s service provider has started laundering a portion of …
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Tag:
Brazil
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Mining
Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil
by shayaanby shayaandecoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will …
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Markets
Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors
by shayaanby shayaanBrazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on …
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The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their …
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Regulation
Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
by shayaanby shayaanAmid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions …
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Regulation
Central Bank of Brazil Open to Change Proposal Establishing Controversial Stablecoin Ban
by shayaanby shayaanEduardo Nogueira Liberato, an official from the Central Bank of Brazil, stated that this stablecoin proposal is not set in stone, and …
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XRP has just reached a major milestone with the launch of its first-ever ETF in Brazil. This exciting move could bring more …
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Finance
Seizable? Indeed! Crypto Is Now Closer to Functioning as Money in Brazil
by shayaanby shayaanWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This …
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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This …
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In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking …
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