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Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments
17.10.2022
The city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using...
$50B asset custody platform GK8 enters Brazil with license agreement
14.10.2022
Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities
13.10.2022
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion document, the CVM defines different classifications for existing cryptocurrency assets, specifies which...
Brazil's Rio de Janeiro will accept crypto-payments for property taxes
12.10.2022
The city will allow taxpayers to make crypto payments through third-party service providers
Rio de Janeiro to Allow Citizens to Pay Property Taxes in Crypto from 2023
12.10.2022
The Brazilian city of Rio de Janeiro will let its crypto-holding residents use their coins to pay their property tax bills from next year.
Globo reported that the city hall has published a decree in its Municipal Gazette that states that Rio will “hire companies specialized in carrying out...
Record Number of Brazilian Companies Holding Crypto – Bitcoin and Tether Lead Adoption
10.10.2022
The number of companies in Brazil holding cryptoassets hit an all-time high in August, with bitcoin (BTC) and tether (USDT) standing at the top of the adoption list.
Per the local media, Receita Federal do Brasil (RFB), or the Federal Revenue of Brazil, which is the country’s tax authority...
Over 12,000 Brazil companies declare crypto holdings in record high
10.10.2022
August figures released by Brazil's tax authority revealed over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded
Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings
9.10.2022
Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most...
Brazil: Police Shut Down $769m Crypto ‘Pyramid’ that ‘Drew in’ Celebs, Sports Stars
7.10.2022
Brazilian police have swooped on an alleged crypto pyramid scheme that appears to have sucked in a top model, soccer players, and more to the tune of $769 million....
Read More: Brazil: Police Shut Down $769m Crypto ‘Pyramid’ that ‘Drew in’ Celebs, Sports Stars
Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation
6.10.2022
The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also stated that the impact...
Brazilian Court Grants Bank Right to Inspect Debtor’s Crypto Wallets
6.10.2022
A court in Brazil has ruled that a major commercial bank is allowed to inspect one of its debtors’ crypto wallets – and has stated that crypto has “monetary properties.”...
Read More: Brazilian Court Grants Bank Right to Inspect Debtor’s Crypto Wallets
Binance opens two new offices in Brazil as team doubles since March
4.10.2022
Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be on good standing with the local government and regulatory agencies
Binance Opens Offices in Brazil as Team Size Doubles
4.10.2022
Major crypto exchange Binance continues its international expansion with the opening of two new offices in Brazil, based in São Paulo and Rio de Janeiro.
The platform said in a tweet that its latest move is designed to “expand in the country and to grow crypto adoption in Latin America.”
The...
Binance Opens Offices in Brazil as Team Size Doubles
4.10.2022
Major crypto exchange Binance continues its international expansion with the opening of two new offices in Brazil, based in São Paulo and Rio de Janeiro.
The platform said in a tweet that its latest move is designed to “expand in the country and to grow crypto adoption in Latin America.”
The...
60% of Latam Professionals Open to Using Metaverse Tools at Work: Study
30.9.2022
Workers and executives in Latam are open to trying metaverse tools in conjunction with their traditional work, according to a study commissioned by Ciena, a software, networks, and services company. The study, which surveyed 15,000 business workers from all around the world, found that there...
Brazilian Securities and Exchange Commission CVM Subpoenas Mercado Bitcoin on Fixed Income Token Investments
30.9.2022
The Brazilian Securities and Exchange Commission (CVM) has sent a subpoena to Mercado Bitcoin, one of the biggest exchanges in the country, to inquire about the services the company lends regarding cryptocurrency-related fixed return investments. The company will have to disclose the details...
Brazil’s Securities Regulator Probes Crypto Exchange Mercado Bitcoin on Token Issuance
28.9.2022
The CVM asked the country’s largest local crypto exchange to provide data on fixed income tokens it has issued since January 2020
Brazilian Police Raid 15 Companies as Part of Crypto ‘Pyramid Scheme’ Bust
28.9.2022
Federal police officers in Brazil have performed search-and-seize raids at 15 firms in two states in a bid to break up a suspected crypto-themed “pyramid scheme.”
Per Agência Brasil, the country’s national public news agency, officers swooped on 15 unnamed companies based in the states of Santa...
Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto
27.9.2022
Nubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers...
Brazilian Police Raid Six Crypto Exchanges in International Money Laundering Ring Bust
26.9.2022
Police and tax officers in Brazil have launched a major operation that has seen them raid six domestic crypto exchanges. They believe the platforms may be implicated in a massive international crime and money laundering ring....
Read More: Brazilian Police Raid Six Crypto Exchanges in International...