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Brazilian Lawmaker Proposes Bill to Allow Investment Funds to Buy Crypto
7.2.2025
Brazilian lawmaker Adriana Ventura has introduced a draft bill that would allow investment funds in Brazil to invest in crypto, including bitcoin. Draft Bill Could Let Brazilian Funds Invest in Crypto Brazilian investment funds may soon gain regulatory approval to buy cryptocurrencies, thanks to...
Brazilian Authorities Suspend Sam Altman’s World Rewards
27.1.2025
The National Data Protection Authority (ANPD), Brazil’s data watchdog, has barred World, Sam Altman’s digital ID project, from offering rewards to users who enroll in its platform. Brazilian Authorities Ban World Crypto Rewards Program Sam Altman’s World, the proof-of-humanity...
Warren Buffett’s Berkshire Hathaway Increases Holdings in Brazilian Digital Bank Nubank
23.1.2025
Berkshire Hathaway has invested millions of dollars in Nubank, a Brazilian digital bank with its own crypto platform. Berkshire Shares in Nubank Rises to 0.4% Berkshire Hathaway’s stake in Nubank rose from 0.1% in Q4 2022 to 0.4% in Q3 2024, according to recent U.S. Securities and Exchange...
Brazilian Oil Giant Petrobras Starts Looking Into Bitcoin Mining
23.1.2025
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Brazilian State-Owned Company Petrobras Researches Bitcoin...
Brazilian Data Protection Agency Reveals Investigation Into Iris Scanning World Project
21.1.2025
A note issued by the National Data Protection Authority, Brazil’s data protection institution, has announced that it is actively monitoring the activities of World, the project previously known as Worldcoin, in the country. Given the risks associated with processing biometric data,...
Brazilian Congresswoman Sounds Alarm on Drex CBDC Risks, Rejects Cash Elimination Bill
28.12.2024
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final...
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazil’s self-custodial stablecoin ban to catalyze decentralization
26.12.2024
Crypto execs are confident that it won’t be easy to enforce Brazil’s self-custodial stablecoin ban, with many examples proving that further decentralization is inevitable
Brazilian Senate Schedules Crypto Market Session for 2025
21.12.2024
The Brazilian Senate scheduled a meeting to discuss the future and possibilities of crypto markets in 2025. The meeting will debate the opportunities and challenges that the adoption of these presents for the Brazilian state. Multi-Partisan Group Proposed to Discuss Crypto in the Brazilian Senate...
Ether and Solana Grow in Brazilian Markets
15.12.2024
According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year’s...
Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody
10.12.2024
The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions...
Brazil proposes to ban stablecoin withdrawals to self-custodial wallets
2.12.2024
Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask
Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real
18.11.2024
PRESS RELEASE. São Paulo, November 18, 2024 – Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the trust and stability...
Legendary Brazilian Hedge Fund Manager Bets on Trump’s Allegiance to Bitcoin
14.11.2024
Luis Stuhlberger, a legendary Brazilian hedge fund pioneer, disclosed that Verde, the firm he leads, built a bitcoin position before Trump’s victory. The firm remarked that President Trump’s intentions should be taken seriously, including his cryptocurrency-linked proposals. Luis...