Brazil
News
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,...
News
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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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,...
News
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...
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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...
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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...
News
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...
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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...
Latest news
White House, Lawmakers Reach Tentative Deal on Stablecoin Yield
A tentative deal has been struck between the White House and key senators on stablecoin yield, potentially advancing the...
US Senators, White House Reach Crypto Stablecoin Deal
A bipartisan group of senators, including Thom Tillis and Angela Alsobrooks, has reached a tentative agreement with the White...
Traders Pile Into Bearish Bets Despite Bitcoin Calm
Bitcoin volatility has dropped, but traders are still paying significant premiums for downside protection, a report from VanEck shows.The...
