Places Brazil

A public consultation notice from the Central Bank of Brazil intends to prohibit stablecoin withdrawals to self-custody wallets.

The Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves.

The CBDC pilot aims to automate cross-border commodity settlements through Chainlink's CCIP.

The partnership aims to explore payment and delivery systems for trade finance and carbon credits amid global tokenization shifts.

Stablecoins are helping Latin Americans hedge against currency devaluation, becoming financial lifelines amid economic instability.

Ripple Payments reaches over 80 payout markets and covering more than 90% of daily FX markets.

This movement will allow users to buy USDC directly using Brazilian Reais and Mexican Pesos, reducing conversion costs to U.S. dollars.

Social media platform X was banned in Brazil after Musk refused to comply with court orders.

Stablecoins have become essential for financial transactions, especially in regions where local currencies remain unstable or where access to traditional US dollars remains limited.

The settlement marks the end of a year-long investigation into Binance's activities in the country.

The Special Department of Federal Revenue will soon issue a summons.

Data from Kaiko Research shines light on various trends.

Transforming tourism with Bitcoin: Brazil's cities adopt crypto for daily use.

CoinShares reports minor outflows in cryptocurrency funds overshadowed by persistent high trading volumes and equity investments.

The trading volume of USDT in Brazil exceeded the combined trading volume of all other cryptocurrencies in 2022, according to the Receita Federal do Brasil.

A Brazilian congressional committee has made the recommendation to indict Zhao and other for fraud and other securities violations; the decision to press charges now falls to the police.

Binance takes on financial exclusion with 'Send Cash' in Latin America, sustaining innovation amid regulatory hurdles.

Binance clarified that the service suspension would affect less than 1% of its users in the markets.