Brazil’s Supreme Court has ruled that cryptocurrency assets can be seized to settle outstanding debts, marking a significant legal change in the country. This landmark decision impacts crypto […]
Brazil Legalizes Crypto Seizures for Debt Repayment, Judges Can Freeze Assets
In a landmark ruling, Brazil’s top court has empowered judges to seize cryptocurrencies as collateral for debt repayment. The Supreme Federal Court (STJ) ruled that judges can notify […]
Brazil Allows Seizure of Crypto Assets to Settle Debts
In a significant development, Brazil’s Superior Court of Justice has paved the way for cryptocurrency seizures in debt repayment. As per Odaily reports, judges can now issue orders […]
Spanish Businessman Allegedly Kidnapped, $250 Million Stolen in São Paulo
A Spanish businessman, Rodrigo Pérez Aristi Sá, was reportedly kidnapped and subjected to a violent ordeal in São Paulo last weekend. Armed individuals who pretended to be Civil […]
Itaú Unibanco Considers Launching Stablecoin Amid Regulatory Review
Brazil’s largest private bank, Itaú Unibanco, is exploring the issuance of a stablecoin in the country, contingent upon regulatory developments and benchmarks set by international institutions. The potential […]
Itaú Unibanco Considers Launching Stablecoin as Regulatory Landscape Evolves
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 […]