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Nalezeno "BK Brazil": 853

Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules


The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...

Central Bank of Brazil President States Digital Real Pilot Is Imminent


The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos Neto stated that the pilot test will start now and that banks will have to digitize more of their balances...

Brazilians Will Be Able to Pay Taxes With Crypto


Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...

Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt


Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy. The firm was at the heart of a major police operation back in May 2019. The police dubbed their operation Operation Egypt and worked in conjunction with the nation’s tax agency...

Brazil to Grant Prosecutors, Police New Crypto Confiscation Powers


The Brazilian government looks set to grant the nation’s prosecutors, courts, and police officers new powers to confiscate crypto. According to an official release from the Attorney General, the nation’s Federal Public Ministry (MPF) has prepared a draft crypto “guide” for prosecutors and...

Sao Paolo Introduces Blockchain in Data Access Law


The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in this field, but the city has not defined the structures or the implementation for its use in...

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