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The new stablecoin is designed to enhance liquidity across diverse market segments, encompassing both tokenized and traditional financial offerings. B3 authorities indicated that the tokenized product could potentially serve as…
According to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using banking-related names without…
The Central Bank of Brazil will issue a comprehensive new provision mandating that Virtual Asset Service Providers report specific required data, precisely defining the information these companies must disclose. The…
Itau, Brazil’s largest bank, now recommends allocating up to 3% of investment portfolios to bitcoin, despite the cryptocurrency’s underwhelming performance in 2025. The bank’s recent report emphasizes bitcoin’s potential as…
Conducted by Brazil’s Federal Police, the operation executed over 24 search and seizure warrants targeting a cryptocurrency money laundering organization that had been operating since 2021. The group was linked…
Crown has raised $13.5 million in a Series A round led by Paradigm as the São Paulo fintech expands its institutional stablecoin infrastructure and the circulation of its Brazilian real–pegged…
Rumors of taxing stablecoin flows in Brazil have sparked a debate between some lawmakers and the Ministry of Finance. While the ministry is preparing a normative act on the subject,…
The Brazilian government would be considering taxing stablecoin flows, applying the known Tax on Financial Operations (IOF) on remittances and international payments using these instruments. The news comes as the…
The Brazilian Federal Revenue Service has revised the rules for tax declarations on crypto assets. The new rules require foreign exchanges to report transactions to the agency and mandate that…
A draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also accuses the bank…