Brazil

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...

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...

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...

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,...

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...

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India’s BRICS 2026 Aims for Resilience, Currency Independence

India will chair the 18th BRICS summit in New Delhi in 2026, focusing on building resilience, innovation, cooperation, and...

Block Reportedly Plans to Lay Off 10% of Workforce

Block Inc., owner of Cash App and Square, may reduce its workforce by as much as 10%.The company has...

Ex-Ripple CTO: Nations Adopting XRP for Geopolitical Strategy

XRP adoption is a strategic geopolitical move by nations seeking a neutral settlement currency, not just a speculative investment.Former...

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