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Electronic Money or Digital Asset? Brazil Sparks Intense Debate Over Stablecoin Regulation

While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual…

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Oobit Integrates Pix: How the Tether-Backed App is Bringing USDT to 170 Million Brazilians

The payments company announced on Tuesday native integration with Brazil’s fast payment network Pix, allowing users to purchase and spend USDT with Oobit’s platform. The action targets a market of…

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No Crypto Allowed: Brazil’s Public Prosecutor’s Office Tightens Vigilance on Election Funding

Brazil’s Public Prosecutor’s Office (MPF) explained that this prohibition stemmed from the pseudonymous trait of cryptocurrency, as each donation must be identified, and this requirement could be very difficult to…

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US Targets Brazil’s Pix: Trade Report Claims Instant Payment System Restricts American Commerce

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…

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