Brazil

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...

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...

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,...

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...

Latest news

SEC’s ‘Crypto Mom’ Peirce Joins Regent Law Faculty

Longtime SEC Commissioner Hester Peirce, known as "Crypto Mom," will leave the regulator to join the Regent University School...

Microsoft unveils AI security tools RAMPART, Clarity

Microsoft has launched two new open-source security tools, RAMPART and Clarity, designed for AI agent development.RAMPART is a testing...

OpenAI Readies IPO Filing, Targets September Market Debut

OpenAI is preparing to file for its landmark IPO in the coming days or weeks, according to The Wall...