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Brazil

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...
Brazil court denies “Bitcoin Pharaoh” candidacy in upcoming elections
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18 September, 2022

Brazil court denies “Bitcoin Pharaoh” candidacy in upcoming elections

The so-called Bitcoin Pharaoh was arrested in August last year for defrauding over 27,000 Brazilians in a pyramid scheme that...
Brazil securities watchdog orders Bybit exchange to cease operations
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9 September, 2022

Brazil securities watchdog orders Bybit exchange to cease operations

The Brazilian CVM has ordered Bybit exchange to cease offering securities illegally, four months after it commenced operations, just as...
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