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Brazil Supreme Court upholds judge’s decision to suspend Elon Musk’s X
2.9.2024
The Tesla CEO has used his platform on X to hint Brazilian residents should defy the judge’s order using VPNs, despite the risk of fines.
Brazilian Supreme Court Bans X, Imposes Fines for VPN Circumvention
1.9.2024
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN)...
'Absolutely nuts' — Crypto community reacts to X suspension in Brazil
31.8.2024
Some members of the crypto community believe this could trigger a domino effect, with other countries following Brazil's lead
‘Absolutely nuts’ — Crypto community reacts to X suspension in Brazil
31.8.2024
Some members of the crypto community believe this could trigger a domino effect, with other countries potentially following Brazil’s lead
Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling
30.8.2024
Crypto Biz: Telegram and OpenSea on authorities’ radar
30.8.2024
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising
Crypto Biz: Telegram and OpenSea on authorities’ radar
30.8.2024
This week’s Crypto Biz explores Pavel Durov’s arrest and consequences for Telegram, Nvidia’s earnings results, OpenSea’s Wells notice, Rhodium’s bankruptcy, BlackRock’s new crypto ETF and SxT Labs’ fundraising
Brazilian judge suspends X after Elon Musk refuses to name representative
30.8.2024
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro
Brazilian judge suspends X after Elon Musk refuses to name representative
30.8.2024
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
30.8.2024
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has...
Brazil's Supreme Court threatens to suspend X by Aug. 29
29.8.2024
The proposed suspension of services came amid an ongoing feud between Elon Musk and Judge Alexandre de Moraes
BlackRock launches Ether ETF in Brazil
28.8.2024
The asset manager has expanded its portfolio of crypto-based products in Brazil with the debut of the recently launched iShares Ethereum Trust through a depositary receipt.
BlackRock Lists Ethereum ETF on the Brazilian Stock Exchange
27.8.2024
The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country
Orange Juice Futures Hit All Time High Numbers Amidst Agricultural Commodity Rally
26.8.2024
The price of frozen concentrate orange juice futures contract has reached all-time high numbers this month, hitting 514.65¢ per lb and setting the stage for retail prices to skyrocket. The commodity, made famous by its part in the “Trading Places” film, is expected to keep rising due...
Mercado Libre, Latam’s Largest Company, Launches Own Dollar Stablecoin
23.8.2024
Mercado Libre, the largest public company in Latam by market capitalization, has announced the release of its own dollar-pegged stablecoin, the meli dolar, for the Brazilian market. The development was completed in partnership with Ripio, an Argentine cryptocurrency exchange, and is issued by Meli...
Mercado Libre launches USD-pegged Meli Dollar stablecoin in Brazil
22.8.2024
The new stablecoin will provide Mercado Libre customers a new option for managing their finances in Brazil’s volatile economy
Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin
21.8.2024
Customers of Mercado Libre digital bank subsidiary Mercado Pago will be able to buy and sell Meli Dollar with their Brazilian reais balances
Second Solana ETF Approved in Brazil
20.8.2024
X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders
18.8.2024
X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against its legal representative. The order, issued by Alexandre de Moraes, a member of the Supreme Federal Tribunal...
Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil
16.8.2024
Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (approximately $1.75 million) to resolve a case involving the irregular offering...