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Brazil

Brazil’s largest private bank Itaú plans to debut tokenization platform
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20 July, 2022

Brazil’s largest private bank Itaú plans to debut tokenization platform

In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.
Brazilian Parliament suspends vote on digital assets regulations bill until October
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19 July, 2022

Brazilian Parliament suspends vote on digital assets regulations bill until October

If passed, the bill will give the executive oversight powers over digital assets firms and will introduce strict sentences for...
Brazilian Federal Deputy proposes to give digital currencies new status and legal recognition
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18 June, 2022

Brazilian Federal Deputy proposes to give digital currencies new status and legal recognition

Federal Deputy Paulo Martins has proposed to amend Article 835 of Brazil's Civil Procedure Code to allow digital currencies to...
Brazil’s regulator now requires tax payments on digital currency transactions
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31 May, 2022

Brazil’s regulator now requires tax payments on digital currency transactions

The law specifies that any profit made from the transaction is taxable even when digital currency transactions do not involve...
Brazil’s Senate approves digital asset regulation bill
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30 April, 2022

Brazil’s Senate approves digital asset regulation bill

The draft bill, which received a green light from a Senate committee in February, is now headed to the Chamber...
Brazil central bank picks Visa, 8 other firms for CBDC pilot
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10 March, 2022

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...
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