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Brazil

Brazil’s central bank moves closer toward CBDC launch in 2024
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18 December, 2022

Brazil’s central bank moves closer toward CBDC launch in 2024

The CBDC launch is expected to promote financial inclusion, support existing payment systems and provide better risk control to help...
Brazil seeks executive assent as it moves closer to robust digital asset legal framework
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3 December, 2022

Brazil seeks executive assent as it moves closer to robust digital asset legal framework

Brazil is awaiting the signature of President Jair Bolosonaro, which would officially give power to a proposed bill expected to...
Brazil’s Rio de Janeiro to allow digital asset tax payments
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19 October, 2022

Brazil’s Rio de Janeiro to allow digital asset tax payments

Rio de Janeiro Mayor Eduardo Paes announced the initiative in March, saying it was the city’s attempt to attract the...
US, Brazilian law enforcement agencies bust international digital asset fraud ring
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12 October, 2022

US, Brazilian law enforcement agencies bust international digital asset fraud ring

With help from their U.S. counterpart, Brazilian authorities busted a fraud ring allegedly behind transnational financial fraud schemes that prey...
Brazil’s securities regulator urges Mercado Bitcoin to provide details on issued tokens
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4 October, 2022

Brazil’s securities regulator urges Mercado Bitcoin to provide details on issued tokens

Said to be an attempt to put the missing puzzle on Mercado Bitcoin's alleged regulatory breach, Brazil mandates the local...
Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims
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24 September, 2022

Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims

A rags to riches man was embroiled in an alleged Ponzi scheme, with investors accusing him of ripping them off...
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