Auto Added by WPeMatico
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed…
Ripple accelerates a sweeping expansion across Brazil’s financial system, positioning itself at the center of institutional crypto infrastructure as demand surges for faster payments, tokenization, and dollar-backed assets in Latin…
Ripple announced earlier today that it has significantly enhanced its presence in Brazil by incorporating some of its key features in the local market, including cross-border payments and digital asset…
Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby argues that prediction market contracts constitute…
After President Lula proposed a ban on online betting platforms in Brazil, as the country faces a gambling epidemic, unregulated prediction markets may be hurt. Analysts agree that these platforms…
Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulated prediction markets. XP is the first company to…
The crypto faction in the Brazilian Congress is expecting the issuance of a decree to establish a 3.5% tax on stablecoin transactions to file a draft bill and block this…
Banco do Brasil, a Brazilian state-controlled bank, launched a new feature allowing Brazilian customers to leverage the Pix payments system in Argentina. The institution is considering expanding this functionality to…
The measures seek to fully integrate crypto exchanges into the established financial system and protect the identity information of the institution’s customers. The Central Bank states that this will promote…
The bill, introduced by Federal Deputy Tabata Amaral, amends the current regulation and establishes the crime of cryptocurrency tax evasion, aiming to curb the rising volume of remittances and settlement…