Russia talks up prospects of BRICS countries developing new currency
A top Russian official has reportedly claimed that the countries of the BRICS alliance — Brazil, Russia, India, China and South Africa — are working on creating their own currency.
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Coinbase teams up with Brazilian central bank’s Pix to offer expanded services
Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app.
Brazil’s oldest bank allows residents to pay their taxes using crypto
The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding "access" to the digital asset ecosystem.
Elon Musk Praises Reports on Latam Common Digital Currency: ‘Probably a Good Idea’
Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on…
Brazil and Argentina to Start Working on Creation of Latam Common Currency
Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will…
Crypto makes history in 2022: Five instances of governments embracing digital assets
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to…
The 5 most important regulatory developments for crypto in 2022
The European Union has its regulatory framework, while the race is only kicking off in the United States.
President of Brazil Sanctions Cryptocurrency Law
President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed,…
Brazilian President Signs Off on National Crypto Rules
President Jair Bolsonaro of Brazil has approved a bill of crypto industry regulations most recently passed by the nation’s Senate and Chamber of Deputies. The bill, signed into law on…
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