[yesterday 7:30 PM] The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options. Brazil…
[Feb 17 6:30 AM] Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S…
[Feb 13 7:43 PM] World is pausing its operations in Brazil after an appeal to continue collecting citizens’ biometric data failed. The national watchdog ordered the project to cease exchanging crypto for this data, and World will need to pause its operations…
[Feb 10 11:30 PM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how the Brazilian government is divided regarding crypto, and how this might affect the…
[Feb 10 11:30 AM] The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether. Brazilian Stock Exchange to Launch Ether and Solana Futures This Year B3, the largest Brazilian…
[Feb 10 7:30 AM] The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments to maintain an “opaque vision for…
[Feb 9 8:30 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its…
[Feb 7 7:30 AM] 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…
[Jan 27 9:30 AM] 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…
[Jan 23 2:45 PM] 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…
[Jan 21 5:40 PM] 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…
[Jan 3 9:30 AM] Binance has become a pioneering cryptocurrency exchange in Brazil following the approval of its acquisition of Sim;paul Investimentos, a securities brokerage platform. With this acquisition, Binance can now offer a full range of investment options…
[Jan 3 4:30 AM] Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval…
[Dec 26, 2024 1:26 PM] 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.
[Dec 15, 2024 11:30 AM] 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…
[Dec 3, 2024 1:30 PM] The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the…
[Dec 3, 2024 5:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin…
[Dec 2, 2024 12:46 PM] Brazil, the second-largest market for stablecoin transactions, may ban stablecoin withdrawals to self-custodial wallets like MetaMask.
[Dec 1, 2024 5:02 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin…
[Nov 26, 2024 9:29 PM] New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.
[Nov 26, 2024 8:45 PM] Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve…
[Nov 13, 2024 7:14 PM] Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.
[Nov 2, 2024 11:20 AM] New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset…
[Oct 31, 2024 10:30 AM] The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank…
[Oct 28, 2024 9:35 PM] 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 examine how Brazil’s firm determination to push the world toward a multipolar financial…
[Oct 27, 2024 7:35 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the…
[Oct 27, 2024 4:30 AM] Russia’s push for BRICS to abandon the U.S. dollar has reached critical milestones, with formalized agreements and functioning alternatives to Western financial systems now in place. BRICS Pushes Dedollarization and Financial Autonomy Forward At…
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