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Nalezeno "Brazil": 998

Largest Bank in Brazil Mulls Stablecoin, Awaits Regulation


Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks and the final stablecoin regulations in the country. Itaú Unibanco Talks in-House Stablecoin, Regulation in Brazil Banks from...

Brazil Bans Retirement Funds From Investing in Cryptocurrency


The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and risk characteristics” in a resolution issued on March 27. Brazil...

Hints of Consensus Around Bitcoin as a Reserve Asset in Brazil Arises


A high-ranking official has called for a deeper debate regarding bitcoin as a reserve asset in Brazil, calling it “internet’s gold.” While President Lula’s government has been neutral about cryptocurrency, there is already a proposal to create a bitcoin reserve pending in Congress. Discussion...

Brazil’s data watchdog upholds ban on World crypto payments


Brazil’s data protection agency has upheld its decision to restrict cryptocurrency compensation tied to the World ID project, citing user privacy concerns. The National Data Protection Authority (ANDP) rejected a petition by World ID developer Tools For Humanity to review its ban...

Federal Revenue Agents Might Seize Bitcoin From Travelers in Brazil


Mario De Marco, Anderson Leme, and Rodrigo Quaresma, Federal Revenue agents, talked about the possibility of seizing bitcoin from travelers in Brazil. During a podcast, the agents clarified that they could confiscate digital assets from travelers only if there is a pending investigation involving...

Coinbase Opposes Market-Breaking Stablecoin Regulation Proposal in Brazil


Tom Duff Gordon, Coinbase VP, stated that the worries about stablecoin usage for illicit purposes in Brazil can be handled differently, in ways that do not hamper adoption and without affecting users that leverage these assets for their operations. Coinbase Criticizes Stablecoin Regulation...

Wages Paid in Bitcoin? Bill Introduced in Brazil Might Make It Possible


The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress...

Brazilian lawmaker introduces bill to regulate Bitcoin salaries


Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages...

Brazil to Push Cryptocurrency as a Priority for International BRICS Trade


Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization. Brazil to Push Hard for Crypto...

Bezos-Backed Stark Bank Rises as a Crypto Enabler in Brazil


Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in Brazil, filling the gap left by traditional institutions. The firm has built part of its business around this service offering, betting on the industry’s...

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