Brazil
News
Brazil’s Itaú Recommends 1%-3% Bitcoin Allocation for Investors
Itáu Asset Management advises allocating 1% to 3% of investment portfolios to Bitcoin.Bitcoin offers diversification benefits due to its low correlation with traditional local...
News
Lula: US-Brazil Trade Deal Near, Talks in DC After Trump Tariffs
Brazil's President Lula announced new talks with the U.S. on a pending trade agreement, expecting a resolution within days.
U.S. President Donald Trump imposed a...
News
Brazil Central Bank Narrows DREX Project, Moves Away From Blockchain
Banco Central do Brasil is narrowing the focus of its DREX digital currency project.The project will shift from exploring blockchain towards enabling asset-based lending...
News
Brazil’s Pix Payment System Sparks US Worries Over De-Dollarization
Brazil’s Central Bank runs Pix, a payment system attracting scrutiny from U.S. officials.
The system settled over $450 billion in transactions last quarter,...
News
Brazil Central Bank Signals Easing of Crypto and Stablecoin Rules
Banco Central do Brasil is considering a softer stance on self-hosted wallets and cross-border cryptocurrency use after industry feedback.
Initial proposals aimed to restrict these...
News
XRP Surges 7.5% as SEC Reviews ETF Applications, Brazil Approves First Spot XRP Fund
Multiple asset managers including WisdomTree and Canary Capital have filed for XRP ETFs, initiating a 240-day SEC review period.
XRP's price surged 7.5% to $2.71,...
News
Brazil Bans Crypto Rewards for Iris Scans as World Network Faces Regulatory Hurdle
Brazil's data protection agency ANPD halts World Network's crypto incentives for iris scans.
The suspension takes effect from January 25, 2024.
Regulators determined crypto rewards could...
News
Elon Musk in Legal Tug-of-War with Brazil’s Supreme Court Over Social Media Bans
Elon Musk is fighting a legal battle with Brazil's Supreme Court over orders to ban certain social media accounts.Justice Alexandre de Moraes accuses Musk...
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...
