Auto Added by WPeMatico
The bill, first introduced last year, aims to prevent the use of an upcoming central bank digital currency ( CBDC) as a cash substitute and to stop it from becoming…
Bill 2,946/2026, introduced by Federal Deputy Jonas Donizette, enshrines the VASP rules adopted by the Central Bank of Brazil in Resolution 519 and other resolutions as law, bringing stability and…
The Trump Administration has proposed imposing 25% tariffs on Brazilian goods under Section 301 of the Trade Act of 1974. The investigation alleges that Brazil “has unfairly disadvantaged U.S. companies…
B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system.…
According to Normative Instruction No. 739, issued on Friday, VASPs will now need to undergo an audit by an approved third-party entity to obtain authorization to operate in Brazil. The…
The bank, which is currently the third largest financial institution in Brazil, confirmed that it had found a partner to enter the cryptocurrency custody business, including stablecoins. Bradesco’s head of…
According to local media, the use of cryptocurrency for illicit purposes has skyrocketed in Brazil, with criminal groups leveraging it for money laundering purposes. The number reached 71 million reais…
The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for…
Robin Brooks, Senior Fellow at The Brookings Institution and former Chief FX Strategist at Goldman Sachs, believes the Brazilian Real is poised to grow, as the currency’s value has been…
The Central Bank of Brazil published Resolution No. 561, which imposed a blanket ban on the use of cryptocurrency assets, such as bitcoin and stablecoins, for entities providing international payment…