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A Civil Police investigation led to the arrest of Ítalo Francisco Mendes Barbiot, 42 years old, called the “Brazilian Unabomber” by the local press, after sending death-threat letters that asked…
Nearly one-third of the 120 cryptocurrency exchanges that filed to continue operating in Brazil as VASPs fail to reach the share capital required to operate in compliance with Central Bank…
Brazilian cryptocurrency exchange Mercado Bitcoin disclosed a major security incident on Nov. 2, 2026, involving approximately $38 million in digital assets. The attack presents a substantial financial and operational challenge…
Mercado Bitcoin, the largest cryptocurrency exchange in Brazil, said Monday that it had halted deposits and withdrawals following a “security incident.” A prominent analyst pegged the damages at $46 million…
Reports indicate that after the October 30 deadline, out of the 150-200 companies expected, only 40 applied for operating licenses. The licensing process has consolidated the VASP industry, with many…
Prominent crypto exchange Binance and Brazil’s top bank Itaú have formalized their requests to become virtual asset service providers. The request comes as service providers have until October 30 to…
Brazil’s defeated presidential candidate Flávio Bolsonaro has left the country for the U.S. after ignoring a Supreme Court order to surrender his passports. The order was issued in a money-laundering…
A day after the presidential election runoff, Justice Luiz Fux has called a public hearing on Brazil’s ban on sports betting and online casinos for Nov. 3, as the country’s…
Brazil’s close-fought presidential runoff ended with a surprise win of incumbent Luiz Inácio Lula da Silva on the same day the nation’s 85 sports betting and online casino licenses lapsed.…
Luiz Inácio Lula da Silva has won Brazil’s runoff election, securing a fourth term as Brazil’s president. Lula defied prediction markets that gave Senator Flavio Bolsonaro over 80% odds of…