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,...

Latest news

Crypto Treasury Consolidation Looming as Firms Struggle

The crypto treasury market is expected to consolidate in 2025 as operating companies acquire rivals trading below their net...

New OCC Rules Could Impact Coinbase’s USDC Rewards Program

The Office of the Comptroller of the Currency (OCC) proposed rules this week that would restrict certain stablecoin rewards...

Study: 3-Year Bitcoin Holds Yield Nearly 100% Win Rate

Holding Bitcoin for at least three years has historically reduced the probability of loss to just 0.70%, according to...

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