Brazil

Petrobras is the biggest Brazilian enterprise, and the Cardano Foundation is teaming up with them to teach people about blockchain technology and find applications for it in the energy…

Joining other local companies in the digital asset exchange industry, Brazil’s biggest lender, Itau Unibanco (ITUB4.SA), joined the ranks on Monday, December 4, by introducing a…

On January 1, 2024, the Brazilian Senate passed a law capping cryptocurrency revenue from overseas exchanges at 15%. The Brazilian Senate has approved new income tax rules, which,…

Binance reportedly transferred $791.7 million USD with no regulatory monitoring, according to a Brazilian house investigation. Several firms founded by Binance CEO Changpeng "CZ" Zhao in…

China and Brazil, two of the BRICS's founding members, and Saudi Arabia, a new member, are reportedly selling up their US Treasury holdings. U.S. Treasury Department data from the end of…

Supposedly, the founder of a fintech company used cryptocurrency exchanges to launder hundreds of millions of euros. Caio Marchesani, the founder of a London-based fintech firm,…

To freeze or drain accounts at will, according to blockchain developer Pedro Magalhes, who claims to have reverse-engineered Brazil's prototype CBDC. Claiming to have reverse-engineered…

After being accused of assisting clients in bypassing cryptocurrency derivatives investment prohibitions, Binance is now being investigated on suspicions that it is operating a pyramid…

Companies both at home and abroad are expected to take part in the digital currency (CBDC) pilot project being run by the Brazilian central bank. The applicants to the CBDC pilot project…

The Central Bank of Brazil has authorised Binance's Brazilian payment processor, Latam Gateway, to operate as a payment institution and electronic money issuer. This is good news for…