Brazil’s supreme court just made a move that tightens regulation on social media platforms. The ruling will force these platforms to stand …
Brazils
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Regulation
Brazil’s Congress up in Arms Against ‘Flawed’ Cryptocurrency Tax Decree
by shayaanby shayaanThe Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as …
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Finance
Brazil’s central bank plans to use CBDC data to guide interest rate decisions
by shayaanby shayaanBrazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input …
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Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push …
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Itaú Unibanco, Brazil’s largest bank by assets, is exploring whether to issue its own stablecoin as regulatory discussions evolve and U.S. financial …
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Adoption
Brazil’s largest lender becomes latest TradFi institution to consider launching its own stablecoin
by shayaanby shayaanBrazil’s largest bank, Itaú Unibanco, is considering launching its own stablecoin, making it the latest major traditional financial institution to announce similar …
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Brazil’s state-owned postal service, Empresa Brasileira de Correios e Telégrafos, has launched a pre-selection process for companies and specialists in blockchain and …
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Markets
Brazil’s B3 Strengthens Crypto Market with New Bitcoin and Altcoin Futures
by shayaanby shayaanBrazil’s largest stock exchange, B3, is making strides to further integrate cryptocurrencies into its offerings by introducing Bitcoin options and futures contracts …
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The following article is an op-ed by João Victor Alves Souza from Boletim Bitcoin. Stablecoins have exploded in popularity in recent years along …
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Regulation
Binance Granted Broker-Dealer License by Brazil’s Central Bank After Acquiring Brazilian Financial Services Firm
by shayaanby shayaanThe world’s largest centralized crypto exchange by volume has received a broker-dealer license in Brazil via an acquisition. Binance says the Central …