Brazil

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,...

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...

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...

Latam Gateway Receives License to Operate as Payment Provider for Binance in Brazil

Latam Gateway, the payment provider for Binance in Brazil, received on 19 May a licence from the country's central bank to operate as a...

Mastercard and Binance Join Forces in Brazil

Mastercard and Binance have announced a partnership to issue a prepaid card in Brazil, Latin America's largest economy.The move comes as the crypto exchange...

Currency Union in Latin America: Brazil and Argentina to Launch Common Currency

The governments of Brazil and Argentina will discuss in the next few days the basic guidelines for launching a common currency between the two...

Brazil’s CBDC to be built on blockchain inspired by Ethereum network

Fabio Araujo, director of the Central Bank of Brazil and leader of the Digital Brazilian Real project (Brazil's CBDC version), said that the new...

Brazil: Bitcoin law is approved

After no veto or pronouncement by the president of Brazil, Jair Bolsonaro, the Bitcoin bill, registered under the number 4.401/2021, was automatically approved today,...

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Justin Sun Faces Defamation Lawsuit After Alleging First Digital Insolvency

First Digital Trust has filed a defamation claim against Justin Sun in Hong Kong's High Court following his public...

“US securities laws not flexible enough for crypto,” says lawyer to House

Current U.S. securities laws are incompatible with digital assets, according to testimony at a House Committee hearing on April...

Trump Admin Repeals Rules, Eases Crypto Regulation in Major Policy Shift

The Trump administration has quickly reversed several Biden-era crypto regulations, making it easier for banks to work with...

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