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Brazil
Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval.
Hashdex CEO Discusses Brazil's 'Sophisticated' Market for Crypto
As investors continue to await approval of a spot bitcoin exchange-traded fund (ETF) in the U.S., a check of Brazil finds hefty demand for such vehicles which have been trading in that country for more than two years. Hashdex co-founder and CEO Marcelo Sampaio weighs in on the success of bitcoin ETFs in the country.
Spot Bitcoin ETFs Have Almost $100M in AUM in Brazil, Led by Hashdex Offering
Pro-market digital assets regulation and growing interest from large institutions are among the factors behind the success so far, said Hashdex's CEO.
Crypto Startup Ramp Adds Brazilian Central Bank's Pix as Payment Method
Adding Pix builds on Ramp's expansion to the South American country, where it opened a local entity in July in a bid for broader expansion throughout Latin America
Mastercard's Crypto Card Partnership With Binance Is Ending
Multiple news outlets are reporting that payments giant Mastercard is terminating its partnership with crypto exchange Binance on co-branded crypto card offerings in Argentina, Brazil, Colombia and Bahrain starting Sept. 22. "The Hash" panel weighs in on the state of Binance as the exchange faces pressure from regulators across the globe.
Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.
Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion
Ramp said that it will look to link up with local payment networks, such as the widely used Pix in Brazil.
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.
Brazil Appoints Central Bank and Securities Commission as Crypto Market Regulators
The executive branch issued a decree with directives following the approval of a crypto law in December 2022.
Inter CTO on Brazil's CBDC Pilot
The Central Bank of Brazil selected 14 selected institutions to participate in the pilot of the country’s central bank digital currency (CBDC). Among those selected are Visa, Microsoft, and the largest local banks, including Banco Inter. Guilherme Ximenes de Almeida, Chief Technology Officer at Inter, shares insights into the digital real pilot and the outlook for crypto adoption in Brazil amid a continued downturn in the markets.