Brazil
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Lula: US-Brazil Trade Deal Near, Talks in DC After Trump Tariffs
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...
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Brazil Central Bank Narrows DREX Project, Moves Away From Blockchain
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...
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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,...
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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...
Latest news
Russia Duma approves crypto for international trade
Russia's State Duma will hold final votes on a comprehensive crypto bill on July 21, with enactment expected by...
Saylor breaks 2.5x mNAV promise, stock plummets 75%
Strategy sold $14.3 billion of MSTR stock below the 2.5x mNAV threshold it pledged not to breach, diluting shareholders...
Microsoft Stock Eyes $500 After Analyst Sets $540 Target
Microsoft stock (NASDAQ: MSFT) opened Monday at $393 after briefly touching $401 last week, surging 7.2% since mid-June.TD Cowen...
