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Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and facilitate financial transactions. Haddad denied that the government would seek…
Russia and Brazil are aligning strategies across BRICS, the UN, and G20 to expand emerging economies’ influence, reshape global governance, and deepen their strategic partnership worldwide. Russia and Brazil Build…
OranjeBTC, a bitcoin‑treasury company based in Brazil, revealed it acquired 3,650 BTC and plans to go public via a reverse IPO in October. With the acquisition, OranjeBTC surpasses Meliuz as…
Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market,…
Meliuz recently unveiled a new strategy that will allow it to increase the yield gained on the bitcoin held as part of its treasury. The Brazilian company will now leverage…
Authorities at the Central Bank of Brazil stated that it aims to start enacting VASP regulation in 2026, following the definition of the rules those regulations will follow. The bank…
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine the failed stance of…
During the first congressional public hearing on a Strategic Bitcoin Reserve proposal in Brazil, Luís Guilherme Siciliano, head of the International Reserves Department at the central bank, said that adopting…
The cryptocurrency industry is mobilizing in Brazil to shut down the Provisional Measure that expands the crypto income tax for all users. Analysts agree that if enacted, this measure would…