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...

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...

Latest news

Microsoft, Alphabet Surge on AI as OpenAI Stumbles

Google Cloud revenue surged 63% year-over-year to $20.03 billion in Q1 2026, with enterprise AI becoming its primary growth...

2 Major Hacks Among 68 Thefts Shake Crypto in 2026

Over $1.08 billion has been stolen in at least 68 crypto hacks so far in 2026, with April seeing...

Stable Sea Adds Tokenized Treasury Fund for Corporate Cash

Stable Sea integrated the WisdomTree Government Money Market Digital Fund (WTGXX) to help businesses earn yield on idle cash.The...