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 unveils AI security tools RAMPART, Clarity

Microsoft has launched two new open-source security tools, RAMPART and Clarity, designed for AI agent development.RAMPART is a testing...

OpenAI Readies IPO Filing, Targets September Market Debut

OpenAI is preparing to file for its landmark IPO in the coming days or weeks, according to The Wall...

OpenAI IPO planned for September: Wall Street Journal

OpenAI is reportedly targeting a September IPO with Goldman Sachs and Morgan Stanley as underwriters.Elon Musk’s $150 billion lawsuit...