Stablecoin Taxation Measures Spark Heated Debate in Brazil
In recent developments, rumors of taxing stablecoin flows in Brazil have sparked a debate between some lawmakers and the Ministry of Finance. While the ministry is preparing a normative act…
Brazil weighs tax on international crypto transfers as it aligns rules with CARF
In recent developments, brazil is reportedly considering imposing a tax on the use of cryptocurrency for international payments, as it aligns its rules with a global standard for sharing tax…
Why Brazil is using Bitcoin as a treasury asset and what other nations can learn
In recent developments, brazil isn’t buying Bitcoin for sovereign reserves. Instead, cities, corporates and B3 products are creating a regulated path to treasury use. Looking closer, market participants highlight key…
Latam Insights: Brazil Implements Stringent Stablecoin Ruleset, Libra Probe A…
In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of…
Latam Insights Encore: Brazil CBDC Ditches Blockchain, Latam Stocks Shine Bright
In recent developments, welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of…
Central Bank of Brazil Clarifies Drex CBDC Project’s Future: Digital Real S…
In recent developments, the Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue…
Central Bank of Brazil Postpones CBDC Strategy, Shuts Down Current Pilot Plat…
In recent developments, the Central Bank of Brazil announced it would discontinue the platform used to run drex, the Brazilian CBDC initiative, during its first two phases. Fabio Araujo, the…
Brazil to Tighten Crypto Rules, Attacking the ‘Financial Arm’ of Organize…
In recent developments, fernando Haddad, Brazil’s Minister of Finance, said it is preparing a regulatory overhaul to attack the use of cryptocurrency to finance organized crime. This overhaul includes tougher…
Brazil, Hong Kong test cross-border blockchain trade system via Chainlink
In recent developments, banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Looking closer, market participants highlight key drivers…
Tether CEO slams S&P ratings agency and influencers spreading USDt FUD
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