SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.
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Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
Here is When Brazil’s CBDC is Expected to Go Live: Report
The central bank digital currency (CBDC) issued by Banco Central do Brasil is reportedly set to see the light of day in 2024. Its main purpose will be to boost…
Brazilian CBDC gets official name and logo
Previously commonly referred to as the “digital real,” the Brazilian central bank digital currency gets its official brand name.
Brazilian CBDC Could Reportedly Allow Government to Freeze or Manipulate Accounts
Brazil has been developing a CBDC for some time now. If all goes according to plan, the digital Real will be launched sometime in 2024. Once launched, it would support…
Mercado Bitcoin to Support Brazil’s CBDC Efforts (Report)
Mercado Bitcoin – the largest cryptocurrency exchange in Brazil – will reportedly participate in the country’s pilot project to launch a digital real. The central bank intends to issue such…
Binance faces scrutiny in Brazil, exec summoned to testify before Congress
This development comes amid a global regulatory crackdown on Binance, which is facing investigations in multiple countries.
Brazil’s president signs law aimed at having central bank regulate crypto firms
The decree authorizes the central bank to regulate and supervise virtual asset service providers, and ensures the country's securities regulator will continue to handle many tokens.
Latam crypto holders flock to Bitget following Binance, Coinbase suits
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits.
Brazil’s crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country.
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