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$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
10.10.2025
The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion agenda with 251 votes. President Lula labeled this development as an “imposed defeat to the Brazilian people,” while local crypto groups applauded...
Latam Insights Encore: Brazil Embraces Crypto Even When Its Government Doesn’t
7.10.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition: we examine the astounding growth of crypto in Brazil and how adoption is outpacing the government. Latam Insights Encore: Brazil’s Crypto Adoption...
Report: Argentina Surges Past Brazil as Crypto Adoption Haven in Latin America
19.9.2025
Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market, the firm says Argentina is one of the Latam’s most active crypto‑receiving nations. Sherlock...
Latam Insights: Brazil Discusses Strategic Reserve; El Salvador Passes Bitcoin-Friendly Banking Law
11.8.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Brazilian Congress prepares to discuss a Strategic Bitcoin Reserve bill, El Salvador passes a bitcoin-friendly investment bank law, and the Brazilian CBDC...
Latam Insights: El Salvador’s Bitcoin ‘Shuffling,’ Brazil Gets 50% Tariffs
3.8.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the IMF reiterates that El Salvador is just moving bitcoin from one place to another, Trump gives Brazil a 50% tariff gift, and U.S lawmakers travel...
Latam Insights Encore: Brazil Must Reject Blanket Taxation for the Crypto Industry to Survive
29.7.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian Congress must fight to block Lula’s blanket crypto taxation for the decentralized part of the crypto ecosystem to continue...
Latam Insights: Brazil to Debate Controversial Crypto Tax; Libra Probe Sparks New Revelations
28.7.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil is set to debate Lula’s controversial crypto tax, the probe into Libra’s launch offers new revelations, and Nubank has launched a...
Brazilian Congress to Debate Lula-Imposed Crypto Tax Scheme
24.7.2025
The Brazilian Congress is set to debate the legality of a new cryptocurrency taxation scheme imposed by President Lula, which eliminated the income tax exemption for minor trading operations and targeted decentralized finance activities through a Provisional Measure that took effect in June....
Latam Insights: IMF Denies El Salvador’s Bitcoin Purchase Claims; US-Brazil Conflict Set to Escalate
20.7.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the IMF states that El Salvador’s bitcoin purchases are merely consolidation operations, Brazil and the U.S. are on the verge of escalating a trade...
Latam Insights: Meliuz Surges as Bitcoin Power, Crypto Adoption Rises Sky High in Bolivia
29.6.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Meliuz claims the bitcoin throne in Brazil and the region, Bolivia’s crypto adoption grows to record levels, and Brazil announces a public consultation...
Brazil to Open Public Consultation to Implement New Accounting Rules for Digital Assets
26.6.2025
The Central Bank of Brazil is now focusing on updating and redefining the accounting rules for digital assets held by companies. A new regulatory draft outlines the rules for assets issued by the same company, received, or held in custody, and it will be subject to public consultation. Central Bank...
Brazilian Government Opens Contract to Monitor Cryptocurrency Transactions
20.6.2025
Brazilian authorities are seeking a software solution that allows them to track the locations and movements of various cryptocurrency projects nationwide. The objective of this proposal is to enhance the state’s capabilities in combating cryptocurrency-related crime. Brazilian Authorities Open...
Latam Insights Encore: Brazil’s Anti-Crypto Tax Stance Will Spark an Underground Movement
16.6.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian government’s intentions to tax all crypto holders will likely cause users to go underground. Latam Insights Encore:...
Brazilian Authorities Terminate Exemptions, Aims to Tax Crypto Held in Self Custody
13.6.2025
Brazilian authorities issued a Provisional Measure that terminates the previous tax regime and introduces a new ruleset to tax all crypto-derived profits. The new rule also states that these measures apply to crypto held in self-custody wallets and digital assets held abroad. Brazilian Government...
Brazilian Party Proposes Bill to Restrict Bitcoin Mining and Tax Trading Activities
12.6.2025
A new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in Brazil. The draft restricts cryptocurrency trading to licensed traders and establishes a daily tax on these activities. Lula’s Party Bill to Establish...
Brazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
6.6.2025
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency...
Latam Insights: Meliuz Purchases 274 BTC in Brazil; Argentine Wallets Face Potential Extinction
18.5.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Meliuz pioneers bitcoin as a corporate reserve asset in Brazil, Argentine crypto wallets face potential extinction, and Ripple launches a pilot to benefit...
Operation Fantasos: Brazil Cracks Down on Remnants of $290M Crypto Ponzi Scheme
2.5.2025
The Brazilian Federal Police carried out Operation Fantasos, with more than 50 officers executing 11 search and seizure warrants in various locations across Rio de Janeiro. The mastermind behind these activities was extradited from Switzerland to the U.S. in February. Operation Fantasos Targets...
Seizable? Indeed! Crypto Is Now Closer to Functioning as Money in Brazil
14.4.2025
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how an unfortunate ruling has brought cryptocurrency closer to being considered money in Brazil, making it seizable for settling debts. Latam Insights...
Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil
7.4.2025
In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. National High Court of Brazil Establishes...