Brazil

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...

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...

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Greedy Sponge Group Deploys Modified AllaKore RAT in Mexico

Mexican organizations continue to face threats from a Hacking group named Greedy Sponge, which uses modified Malware in targeted...

StablecoinX Raises $360M to Buy ENA Tokens, Eyes Nasdaq Listing

Ethena Foundation launches StablecoinX to buy up ENA tokens. StablecoinX will merge with TLGY Acquisition Corp. and plans to trade...

Citadel Urges SEC Caution on Tokenized Equities, Opposes Exemptions

Citadel Securities urges the Securities and Exchange Commission (SEC) to approach crypto-related rule changes cautiously.The firm warns against granting...

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