Brazil

IMF warns Brazil stablecoin growth outpaces traditional capital flows

The IMF reports that Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows now outpacing traditional capital flows.Stablecoin purchases in Brazil...

Brazil Shuts 27 Prediction Markets, Citing Debt Risk

Brazilian regulators ordered the shutdown of 27 prediction market platforms, including Kalshi and Polymarket, deeming them illegal under current law.A new resolution will ban...

Brazil Delays Crypto Tax Rules Until After 2026 Election

Brazil's Finance Minister, Dario Durigan, will delay new crypto tax consultations until after the 2026 presidential election to avoid divisive policy changes.The government recently...

Brazil expands Pix payments to citizens in Argentina

Brazil's central bank has expanded its Pix instant payment system to include Brazilians living in Argentina, allowing for cross-border transactions.Pix is widely integrated with...

BRICS Rising: Lula and Modi Boost India-Brazil Trade Amid Global Shift

Brazilian President Lula da Silva arrived in India with a 300-person delegation aiming to double bilateral trade from $15 billion to $30-40 billion.Both leaders...

Brazil Sells $61B in US Treasuries, Buys Gold in 2026

Brazil sold $61 billion in U.S. Treasury securities in 2026, using the proceeds to purchase Gold.BRICS nations are leading a global shift, with the...

Brazil’s Crypto Market Surges 43% in 2025, Avg. Investment Hits $1,000

Crypto transaction volume in Brazil increased 43% year over year in 2025.The average investment per user surpassed $1,000, indicating growing investor commitment.Lower-risk crypto products...

Brazil VP: BRICS Seeks Dollar Alternative, Not Replacement

Brazil’s Vice President Geraldo Alckmin stated BRICS does not plan to replace the US dollar.BRICS aims to provide emerging economies with more influence and...

Latest news

Putin signs Russia’s first crypto exchange law

President Vladimir Putin signed Russia's first comprehensive cryptocurrency market law on Tuesday.Only state-registered firms can run exchanges after July...

Labour minister took £37k from think tank linked to crypto fraudster

UK Defence Secretary Wes Streeting received £37,000 ($50,000) from a think tank whose founder was gifted $610,000 by convicted...

Step App winds down after 4 years, FITFI down 99.9%

Step App, a move-to-earn platform, will wind down all services by Aug. 21 after four years of operation.The company...