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Circle integrates USDC with national payment systems of Brazil, Mexico
17.9.2024
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions
Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
17.9.2024
Previously, the stablecoin could only be purchased through crypto exchanges
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
17.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups...
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official
17.9.2024
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools...
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
16.9.2024
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense
Latam Insights: Brazilian Federal Police Cracks Down on $9.7 Billion Crypto Money Laundering Rings, Brazil Uses AI to Detect Crypto Tax Fraud
16.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings, Brazil uses an artificial intelligence (AI) tool to detect tax fraud linked to cryptocurrency...
Here’s what happened in crypto today
13.9.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Brazil lifts freeze on Starlink, X accounts after $3M fine payment
13.9.2024
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
Brazil lifts freeze on Starlink, X accounts after $3M fine payment
13.9.2024
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes
13.9.2024
For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country
BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals
13.9.2024
Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s...
Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings
12.9.2024
The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo...
CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded
9.9.2024
Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges
CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded
9.9.2024
Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase
8.9.2024
The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the 13 instances selected from the 46 presented are platforms for tokenizing real estate, liquidity pools for trading public securities, and even automating...
One week later: X’s future in Brazil on the line as Supreme Court reviews ban
6.9.2024
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns
One week later: X’s future in Brazil on the line as Supreme Court reviews ban
6.9.2024
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
5.9.2024
In May 2023, the BCB selected 14 participants for the first phase of the pilot
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC
5.9.2024
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos Neto, the Central Bank of Brazil’s president, stressed that the bank’s...
Here’s what happened in crypto today
4.9.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation