Brazil’s leading bank, Itaú Unibanco, is weighing the creation of its own stablecoin, according to a report by Odaily. This potential move follows regulatory developments and a growing […]
Brazil Allows NFTs to Issue Subpoenas in Crypto Fraud Case
In a high-profile crypto fraud case involving the collapse of BWA Brazil, a Brazilian court has authorized the use of non-fungible tokens (NFTs) to issue subpoenas. This decision […]
Brazil Restricts Pension Fund Investments in Cryptocurrencies
The Brazilian CMN has issued a new regulation prohibiting closed pension funds from investing in Bitcoin and other cryptocurrencies. This decision, according to the resolution 5.202 of the […]
Brazil Restricts Pension Funds’ Crypto Investments
Brazil’s National Monetary Council (CMN) has imposed a ban on pension funds from investing in cryptocurrencies due to concerns about the high level of risk they pose. Specifically, […]
Bitcoin in Brazilian Treasury: Potential Adoption Sparks Speculation
Brazil’s potential integration of Bitcoin into its national treasury is fueling speculation within the country. With Brazil holding a prominent position in the BRICS bloc, its leadership is […]
Did Moraes Move Assets? Musk Weighs In After Lawsuits Spark Speculation
Social media is abuzz with claims that Brazilian Supreme Court Justice Alexandre de Moraes has moved his assets out of the United States amidst ongoing legal battles. These […]
Brazil Paves Way for XRP Spot ETFs with Historic Approval
In a landmark move, Brazil has granted approval for the world’s first XRP spot ETF, marking a significant milestone for Ripple and the broader cryptocurrency market. The SEC-regulated […]