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Trump Administration Imposes 50% Tariff on Brazilian Imports
10.7.2025
Trump noted that the new 50% tariff on Brazilian imports was justified due to the unfair treatment of former President Jair Bolsonaro and the censorship orders issued by Brazil’s courts on social media platforms. In response, Lula stated that these measures would be met with reciprocity....
Brazilian President Lula Proposes BRICS Develop New Trade Currency
6.7.2025
Lula proposed this new BRICS currency in the context of a world that must embrace free trade and multilateralism. The Brazilian leader acknowledged that the proposal presents several challenges but emphasized that it is necessary for the benefit of humanity. Lula: Development of New BRICS Trade...
$180 Million Hacked From Brazilian Banking System: Attackers Cashed out Using Crypto
3.7.2025
According to local media, this may be the largest hack ever perpetrated against the Brazilian banking system. Attackers leveraged USDT and bitcoin to cash out through exchanges and crypto institutions, using instant payment systems such as Pix. Brazilian Banking System Exploited: Attackers Cash...
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...
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 Firm Meliuz's Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
13.6.2025
The fintech company strengthened its crypto strategy with a discounted share offering and a bitcoin acquisition plan
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...
Crypto Payments Firm RedotPay Enlists Circle Payment Network in Brazil
2.6.2025
The CPN collaboration means RedotPay users can now send cryptocurrency directly to Brazilian bank accounts
Brazilian Fintech Firm Méliuz Plans $78M Equity Offering to Buy Bitcoin, Shares Plunge
31.5.2025
The offering includes free subscription warrants and aims to position bitcoin as a primary strategic asset in Méliuz’s treasury
Brazilian Financial Institution Braza Group Launches Dollar Stablecoin on XRP Ledger
23.5.2025
Braza Group, one of the largest financial groups in Brazil, unveiled USDB, a dollar-pegged stablecoin issued on top of the XRP Ledger. Currently available to its institutional customers, the token will be available for regular customers through the group’s app starting in May. Braza Group Targets...
Binance Integrates With Brazilian National Payments System Using Pix
22.5.2025
Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance...
Latam Insights: Argentina Controls Dollar Exchange Rate, Brazilian Ponzi Operator Gets 128-Year Sentence
20.4.2025
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the Argentine government manages to control the dollar’s exchange rate after lifting currency controls, the operator of a Brazilian...
Leaders of $190M Brazilian Crypto Ponzi Scheme Sentenced to Over 170 Years in Prison
18.4.2025
The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them
Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison
18.4.2025
The Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified as the main operator of Braiscompany, a Brazilian crypto scheme that raised over $100 million from nearly 20,000 investors. Brazilian Crypto Ponzi Scheme Operators...
Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
11.4.2025
Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot...
Brazilian court authorizes crypto seizure for debt collection — Report
5.4.2025
Brazilian judges have been authorized to seize cryptocurrency assets from debtors who owe money and are behind on their payments, signaling a growing recognition that digital assets can be both a form of payment and a store of value.According to local media reports, the Third Panel...
Brazilian court authorizes crypto seizure for debt collection — Report
5.4.2025
Brazilian judges have been authorized to seize cryptocurrency assets from debtors who owe money and are behind on their payments, signaling a growing recognition that digital assets can be both a form of payment and a store of value.According to local media reports, the Third Panel...
Brazilian lawmaker introduces bill to regulate Bitcoin salaries
17.3.2025
Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages...
Brazilian Meliuz Invests Over $4 Million in Bitcoin Following Strategy’s Playbook
11.3.2025
Meliuz founder and chairman Israel Salmen indicated that the company would use 10% of its cash flow to bitcoin in a bid to improve its profitability in the face of the Brazilian real’s loss of value and high inflation rates. Meliuz Rises as the First Company Implementing Strategy’s...
Brazilian Soccer Legend Ronaldinho Launches STAR10 Token
6.3.2025
Ronaldinho states that STAR10, a token named after his jersey number in soccer, is his new and official token, set to be launched on the BNB Chain. He has been involved in several crypto endeavors before and has even been questioned about his role in an alleged pyramid scheme that used his image...