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Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks and the final stablecoin regulations…
Brazil backs BRICS’ push to trade in national currencies, urging reduced U.S. dollar reliance despite business preference for its liquidity and dominance in private transactions. BRICS Accelerates Local Currency Trade…
The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and…
The survey, commissioned by Coinbase and Hashdex, found that while savings accounts were Brazil’s most used investment instrument, cryptocurrency was more popular than other options, including stocks and gold, among…
A high-ranking official has called for a deeper debate regarding bitcoin as a reserve asset in Brazil, calling it “internet’s gold.” While President Lula’s government has been neutral about cryptocurrency,…
Mario De Marco, Anderson Leme, and Rodrigo Quaresma, Federal Revenue agents, talked about the possibility of seizing bitcoin from travelers in Brazil. During a podcast, the agents clarified that they…
Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without…
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Libra’s founders face a class…
The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security…
Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a…