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The driving forces behind crypto adoption in Latin America in 2022
22.12.2022
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development
Brazilian president signs crypto bill into law
22.12.2022
The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers
Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers Returned $32.7M in 2022
22.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Prepare for 'Pretty Long Crypto Winter', North Korea Stole $1.2B in Crypto in 5 Years, Malicious Hackers...
Brazil’s President Signs Crypto Regulations Into Law
22.12.2022
Companies in the sector will have 180 days to adapt to the new rules
Still bullish: 40% of survey respondents plan to buy crypto in 2023
22.12.2022
Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
17.12.2022
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with...
Crypto.com continues its worldwide registration push with Brazilian EMI license
15.12.2022
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets
Crypto.com Receives License as a Payment Institution in Brazil
15.12.2022
The company is the first crypto exchange to become a licensed payments institution in the South American country
Brazilian Central Bank Looks to Regulate Tokenization, Launches ‘Working Group’
14.12.2022
Brazilian regulators are stepping up their efforts to control the crypto sector – and will look into ways to police the issuance of tokenized assets....
Read More: Brazilian Central Bank Looks to Regulate Tokenization, Launches ‘Working Group’
Brazil Central Bank Plans to Launch a CBDC in 2024
13.12.2022
The central bank sees a digital currency as a way of increasing participation in the financial system
Brazil’s ‘Bitcoin Pharaoh’ ‘Hired Gunmen’ to ‘Murder’ Crypto Rivals, Say Prosecutors
13.12.2022
Source: Nelson Antoine/Adobe
Brazil’s Public Ministry has claimed it has proof an alleged crypto scam mastermind known as the “Bitcoin Pharaoh” hired “professional gunmen” to murder his crypto competitors.
The “Pharaoh,” real name Glaidson Acácio dos Santos, was jailed last year and is set...
Brazil could cement its status as an economic leader thanks to 2024 CBDC move
12.12.2022
Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America
Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded
6.12.2022
The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2
Brazilian crypto industry gets regulatory clarity amid global uncertainty
5.12.2022
The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets
Brazilian Companies Break Crypto Purchasing Records Again in October
5.12.2022
According to the latest reports from the Brazilian tax authority (RFB), institutions have again broken crypto purchasing records in Brazil. The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that...
Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out
1.12.2022
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating...
Brazilian Government Wants to Police Crypto and Train Prosecutors to Deal with Scams
30.11.2022
Brazil’s government will look to tighten its policing of the nation’s crypto sector. It has created a “working group” composed of top lawyers and prosecutors who have been tasked with drafting proposals for legal reform.
In an official announcement, the Public Ministry’s policy-making National...
Brazil passes law to legalize crypto as a payment method
30.11.2022
The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
29.11.2022
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app”...
Latam Still Unprepared to Deal With Crypto Crime and Scams, According to GFI Report
26.11.2022
Latam is still unprepared to deal with cryptocurrency-related crimes and scam situations, according to a recent report issued by Global Financial Integrity (GFI), a Washington DC-based think tank. The document states that crypto regulation has failed to grow with the adoption of these...