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Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments

The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive…

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Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities

The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM…

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Over 12,000 Brazil companies declare crypto holdings in record high

August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded.

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Brazil Police Busted the ‘Bitcoin Sheikh’ for Stealing Over $766 Million (Report)

Brazil’s Federal Police reportedly halted the operations of a criminal gang led by the businessman Francisco Valdevino da Silva, a.k.a “Bitcoin Sheikh.” The authorities claimed that the wrongdoers defrauded thousands…

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Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings

Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and…

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Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation

The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil…

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60% of Latam Professionals Open to Using Metaverse Tools at Work: Study

Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company.…

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