Brazil

Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody

Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody

Brazilian authorities issued a Provisional Measure that terminates the previous tax regime and introduces a new ruleset to tax all crypto-derived profits. The new rule also states that these measures apply to crypto held in self-custody wallets and digital assets held abroad. Brazilian Government Announces New Crypto Tax Regime, Throws Self-Hosted Assets in the Mix […]

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Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase

Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase

The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s

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Latam Insights Encore: The TACO Realization Destroys Trump’s Tariff Threat Credibility

Latam Insights Encore: The TACO Realization Destroys Trump’s Tariff Threat Credibility

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how Latam is changing its position on Trump’s tariff threats, given his trend of backing away from enacting these measures. Latam Insights Encore: Latin America Is Noticing Trump’s Tariffs Are All

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Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade

Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade

Brazil is boldly leading a national trade overhaul, defying U.S. pressure as it champions local currency use and strengthens BRICS’ push for financial independence and resilience. Brazil Pushes BRICS Trade Shift Despite Trump Tariff Threat Brazilian President Luiz Inácio Lula da Silva said in a June 3 interview with Le Monde that Brazil and its

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Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike

Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike

Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the

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Brazilian Financial Institution Braza Group Launches Dollar Stablecoin on XRP Ledger

Brazilian Financial Institution Braza Group Launches Dollar Stablecoin on XRP Ledger

Braza Group, one of the largest financial groups in Brazil, unveiled USDB, a dollar-pegged stablecoin issued on top of the XRP Ledger. Currently available to its institutional customers, the token will be available for regular customers through the group’s app starting in May. Braza Group Targets Growing Market With New XRP Ledger-Issued Dollar Stablecoin Stablecoins

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Binance Integrates With Brazilian National Payments System Using Pix

Binance Integrates With Brazilian National Payments System Using Pix

Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance Revolutionizes Crypto Payments in Brazil With Pix Integration Binance has

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Brazil’s Méliuz Announces Plans to Buy Another .5M Worth of Bitcoin

Brazil’s Méliuz Announces Plans to Buy Another $26.5M Worth of Bitcoin

The stock market-listed Brazilian payments firm Méliuz has unveiled plans to spend around $26.5 million on Bitcoin (BTC) purchases. The Brazilian media outlet Livecoins reported that the company will raise funds to buy more Bitcoin as part of its newly established treasury strategy. Earlier this month, Méliuz became Brazil’s first stock market-listed BTC treasury company,

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Binance Pay Integrates with Brazil’s Pix for Instant Crypto Payments Across LATAM’s Largest Market

Binance Pay Integrates with Brazil’s Pix for Instant Crypto Payments Across LATAM’s Largest Market

Key Takeaways: Binance Pay now supports instant crypto-to-fiat payments through Brazil’s national Pix system. Over 174 million Brazilians can use crypto for everyday transactions across Pix’s vast network. The integration strengthens crypto adoption in Brazil, the world’s sixth-largest crypto market. Binance has integrated its payment service, Binance Pay, with Brazil’s Pix system, enabling real-time crypto-to-fiat

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Latam Insights Encore: Meliuz Case Developing—Is There Demand for a Latam-Based Strategy?

Latam Insights Encore: Meliuz Case Developing—Is There Demand for a Latam-Based Strategy?

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the recent bitcoin purchases by Meliuz, a Brazil-based cashback company, might serve as a thermometer to gauge the real demand for bitcoin corporate treasury companies in Latam. Meliuz Will (Likely)

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