The document is expected to stimulate domestic competition and the development of more comprehensive financial products
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Crypto regulations
Feb 6, 2025
Bill on allowing local funds to directly purchase cryptocurrencies has been submitted in BrazilThe document is expected to stimulate domestic competition and the development of more comprehensive financial products
Crypto regulations
Jan 27, 2025
Brazil regulator bans World Network from collecting citizens’ personal dataBavaria’s regulator had previously ordered the project to develop a data deletion protocol by the end of January
Market
Sep 11, 2024
Nubank has suspended trading of its own token NucoinIn one year, the value of the asset dropped by 97%
Market
Aug 28, 2024
Brazilian Stock Exchange listed ETH ETF ETHA from BlackRockEarlier, bitcoin fund IBIT also started trading on the platform
Market
Aug 22, 2024
Mercado Libre to launch US dollar-pegged stablecoin in BrazilCustomers of Mercado Pago’s subsidiary bank will be able to buy and sell the asset without fees
Crypto regulations
Jun 19, 2024
Brazil’s tax authority will ask foreign crypto exchanges for information about clients and operationsThe country’s tax on crypto income has been set at 15% since the beginning of the year
Market
Jan 4, 2024
Solana Foundation to allocate $10,3 million to support blockchain projects in BrazilInvestments will be directed to projects in the field of tokenization and AI
Trends
Dec 21, 2023
Worldcoin stops offering the verification service in India, France, and BrazilEarlier, the Kenyan authorities recommended suspending the project’s activities at the local level
Market
Nov 30, 2023
Brazil to raise tax on cryptocurrency income to 15% starting 2024In question is income earned on foreign platforms
Crypto regulations
Jun 22, 2023
Brazilian authorities begin to investigate the activities of the local arm of BinanceOfficials are interested in possible links between the exchange and financial pyramids
Market
Apr 4, 2023
Brazilian bank BTG Pactual will issue stablecoin pegged to the US dollarThe new instrument will allow investors to “dollarize” their portfolios
Crypto regulations
Dec 23, 2022
Brazil recognizes bitcoin as legal tender and investment assetThe relevant law was signed by the country’s President Jair Bolsonaro