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Brazil

Outgoing Brazilian president signs historic digital asset bill into law
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27 December, 2022

Outgoing Brazilian president signs historic digital asset bill into law

A bill seeking to legalize virtual currencies has been signed into law and will take effect 180 days following the...
The economic gamble of digital dollarization
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22 December, 2022

The economic gamble of digital dollarization

So-called stablecoin Tether continues to spread its pervasive influence over a digital asset industry that is being increasingly embraced with...
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...
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