Tag: Brazil

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Latam Insights: Ripple Accelerates Brazilian Expansion, Brazil Backpedals on Crypto Taxation

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes...

XRP-associated Ripple seeking VASP license in Brazil

Ripple, the payments-focused blockchain company closely associated with the XRP Ledger (XRP) network, is expanding its digital asset services in Brazil while preparing to...

Brazil industry giants representing 850 companies decry stablecoin tax threat

Brazil’s leading cryptocurrency and fintech industry groups have warned that expanding a financial transaction tax to stablecoin operations could harm innovation and violate existing...

Big Bet Takes Action to Block Prediction Markets in Brazil

Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby...

Kalshi Partners With XP to Launch Prediction Markets in Brazil

Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulated prediction markets....

Brazil Opens up Pix Payments to Brazilians Living in Argentina

Banco Central do Brasil said on Friday that it expanded its Pix digital payments system to allow Brazilians living in Argentina to access the...

Bill Criminalizing Crypto-Powered Foreign Currency Tax Evasion Surges in Brazil

The bill, introduced by Federal Deputy Tabata Amaral, amends the current regulation and establishes the crime of cryptocurrency tax evasion, aiming to curb the...

French Energy Giant Engie Eyes Bitcoin Mining In Brazil

French utility giant Engie is exploring the installation of battery storage systems or bitcoin mining data centers at its newly launched Assu...

Central Bank of Brazil to Advance Institutional VASP Regulation by 2027

The central bank will focus on designing a regulatory framework for the so-called institutional VASPs, defined as organizations that operate infrastructure and provide crypto...

Brazil Revives Strategic Bitcoin Reserve Plan Targeting Purchase Of Up To 1 Million BTC

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Even as Bitcoin (BTC) struggles with weak price performance and heightened volatility...

Brazil Eyes 1 Million Bitcoin For National BTC Reserve

Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual acquisition of...

dLocal Partners with DHL Express Brazil to Automate Pix Payments and Speed up Deliveries

dLocal, the cross-border payment platform focused on emerging markets, has entered into a strategic partnership with DHL Express Brazil to automate Pix payments for...