Brazil

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...

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...

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...

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 Central Bank runs Pix, a payment system attracting scrutiny from U.S. officials. The system settled over $450 billion in transactions last quarter,...

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...

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'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...