Brazil Backpedals on Crypto Taxation as Presidential Election Looms
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in...
Brazil
Ripple Expands in Brazil
Ripple has announced a major expansion in Brazil, strengthening its role in one of the world’s fastest-growing financial markets. The...
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...
As President Lula Proposes a Ban on Online Betting, Prediction Markets May Face a Rought Start in Brazil
After President Lula proposed a ban on online betting platforms in Brazil, as the country faces a gambling epidemic, unregulated...
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...
Brazil’s Crypto Faction Prepare to Fight Stablecoin Taxation in Congress
The crypto faction in the Brazilian Congress is expecting the issuance of a decree to establish a 3.5% tax on...
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...
Brazilian Exchanges Receive New Bank Secrecy and Accounting Standards Provisions
The measures seek to fully integrate crypto exchanges into the established financial system and protect the identity information of 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,...
Oobit Launches Real-Time Wallet-to-Bank Transfers to Bridge Stablecoins and Local Banking
Oobit has introduced a new infrastructure layer that allows users to send stablecoins from self-custody wallets directly into local bank...
iGaming Regulations in Focus: UK Fees, Brazil Taxes and X’s Gambling Ban
Governments from London to Brazil tightened their grip on iGaming this week, rolling out tax hikes, sponsorship bans, and enforcement...
Engie Eyes Bitcoin Mining to Address Solar‑Power Curtailment in Brazil
The energy conglomerate is considering adding local power demand, in the form of bitcoin mining or storage systems, for its...
French Energy Giant Engie Eyes Bitcoin Mining at Brazil Mega Solar Project
French utility giant Engie is exploring the installation of battery storage systems or bitcoin mining data centers at its newly...
Beyond US Markets: Why Latin American Equities Are Building a Secular Bull Market
While global investment flows focus on U.S. markets, excess liquidity has accumulated in emerging markets, causing Latin American exchanges to...
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...
