Shrinkflation Hits Brazilians as Middle East Conflict Pushes Prices Higher
Key Takeaways: The phenomenon surges as inflation has taken a turn for the worse, with the Brazilian economy feeling the...
Brazilian
Brazil enacts new law to convert seized crypto into public funds
Brazilian President Luiz Inácio Lula da Silva signed Law No. 15,358, which gives judges the authority to freeze, seize, and...
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...
Brazil Proposes National Bitcoin Reserve, Targets 1 Million BTC Over Five Years
Brazilian lawmakers have reintroduced a bill to create a national Strategic Sovereign Bitcoin Reserve, known as RESBit, proposing the gradual...
Strategic Bitcoin Reserve Bill Allowing Brazil to Acquire up to 1 Million BTC Reintroduced in Congress
A bill proposing the acquisition of up to 1 million BTC has been introduced to the Brazilian Congress, significantly expanding...
