Authorities at the Central Bank of Brazil stated that it aims to start enacting VASP regulation in 2026, following the definition of the rules those regulations will follow. The bank stressed that... Read more »
The lower chamber of the Brazilian Congress will discuss an initiative proposing to invest 5% of all foreign reserves in bitcoin, creating a national Strategic Bitcoin Reserve to diversify exposure to international... Read more »
decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot... Read more »
The Central Bank of Brazil is now focusing on updating and redefining the accounting rules for digital assets held by companies. A new regulatory draft outlines the rules for assets issued by... Read more »
The Provisional Measure issued by the Brazilian government to impose a flat fee on cryptocurrency income is being contested in Congress, as some believe it may exceed the executive’s jurisdiction on tax... Read more »
Key Takeaways Brazil has introduced the first-ever XRP spot ETF, debuting on the B3 stock exchange. The ETF, managed by Hashdex, is set to track XRP’s price using the Nasdaq XRP Reference... Read more »
An individual wanted by Interpol, lost $50 million in a kidnapping that involved drugs, fake police officers, and a daring escape in Brazil. Rodrigo Perez was kidnapped on March 24 by fake... Read more »
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 risk characteristics”... Read more »
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 issues. Lawmakers... Read more »
