Tag: Brazils

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Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments

Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561,...

Brazil’s B3 stock exchange to launch bitcoin-linked ‘event contracts’

Brazil’s main stock exchange B3 will begin offering six new derivatives contracts on April 27 that allow investors to bet on the likelihood of...

Brazil’s New Anti-Gang Law Lets Authorities Liquidate Seized Crypto to Fund Police Operations

Law No. 15,358 gives judges sweeping power to freeze digital assets during investigations as Brasília takes a "financial strangulation" approach to organized crime.Brazilian President...

Brazil’s finance minister delays divisive crypto tax plan

Brazil’s new finance minister, Dario Durigan, is expected to delay a public consultation on applying a tax on financial operations, locally known as Imposto...

Brazil’s New Finance Minister Puts Crypto Tax Policy on Pause: Report

Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to...

Brazil’s Pix Payment Network Launches in Argentina, Bank Mulls Larger Expansion

Banco do Brasil, a Brazilian state-controlled bank, launched a new feature allowing Brazilian customers to leverage the Pix payments system in Argentina. The institution...

Supreme court judge to review Brazil’s ban on use of crypto in election campaigns – DL News

Court to reveal its decision in March ahead of October 3 elections.Judges most recently upheld ban in February 2024.Bans on crypto donations are becoming...