On Feb. 20, Brazil’s foreign trade council published a technical resolution reducing import duties to zero for a narrow class of hardware: …
Brazil
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The energy conglomerate is considering adding local power demand, in the form of bitcoin mining or storage systems, for its largest solar …
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Mining
French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project
by shayaanby shayaanFrench Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project French utility giant Engie is exploring the installation of battery …
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The measure, described last week, would be submitted by Brazil’s Revenue Service for public consultation and would impose a 3.5% tax on …
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The Ministry of Finance will put a decree that equates cryptocurrency transactions to foreign currency exchanges to public consultation, a move that …
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Regulation
Brazil lawmakers move to outlaw algorithmic stablecoins like USDe, Frax
by shayaanby shayaanBrazil advances a bill to ban algorithmic stablecoins and force all domestic issuers to fully collateralize tokens, tightening rules in a market …
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What to Know: Brazil’s new legislation mandates 1:1 backing for stablecoins, effectively banning algorithmic models to protect consumers and pave the way …
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Adoption
Ripple and Unicâmbio Partner to Redefine Cross-Border Payments Between Portugal and Brazil
by shayaanby shayaanRipple, a prominent blockchain-based payment and digital asset network, is excited to announce its strategic partnership with Unicâmbio. The other partner, Unicâmbio, …
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Regulation
Central Bank of Brazil Links Stablecoin Growth to Tax Evasion and Money Laundering
by shayaanby shayaanThe new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. …
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Regulation
Binance becomes first crypto exchange with broker-dealer license in Brazil
by shayaanby shayaanBinance, the largest crypto exchange by trading volume, has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a …