Brazil News
Brazil Blocks Crypto in Cross-Border Payments, Tightens Rules on Digital Remittances
Brazil barred crypto settlement inside regulated eFX cross-border payment rails, forcing remittance providers back to fiat channels while or...
Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket
New rules in Brazil restrict derivatives to economic indicators, banning contracts tied to real-world events like sports or politics. ...
Brazil Hits Pause on Crypto Tax Plans as Election Politics Take Priority
Brazil's new finance minister shelved a planned crypto tax consultation ahead of October's presidential election, even as stablecoins drive ...
Brazil’s Crypto Market Grows Up: Investment Volumes Jump 43% in 2025
Crypto activity in Brazil surged in 2025, with transaction volumes rising 43% year over year and average investments topping $1,000. ...
Brazil’s Biggest Bank Goes Orange-Pill: Itaú Partner Urges Bitcoin Allocation
A senior partner at Itaú Asset Management is urging investors to allocate 1%–3% of their portfolios to Bitcoin as a tool for diversificat...
Brazil Unveils Sweeping Crypto Regulations to Strengthen Market Oversight
Brazil’s central bank approved its most comprehensive crypto framework to date, requiring all virtual asset service providers to obtain au...
Brazil and Hong Kong Link CBDC Networks in Cross-Border Blockchain Pilot Using Chainlink
Brazilian digital bank Banco Inter has completed a blockchain-based cross-border trade finance pilot. The project was conducted in partnersh...
Global Stablecoin Momentum Builds as Brazil’s Crown Launches BRLV and Circle’s USDC Poised for Dominance
Stablecoins continue to make headlines amid a crypto market clouded by uncertainty after recent crashes have shaken investor confidence. Fir...
Brazil Eyes $17B Bitcoin Reserve as Part of National Economic Strategy
The largest economy in South America will soon hold a hearing on whether to establish a Bitcoin reserve. According to official documents, Br...
Brazil Ends Crypto Tax Exemptions, Imposes 17.5% Flat Capital Gains Rate
The Brazilian government has eliminated its tax exemption for small-scale cryptocurrency investors. On 11 June, the government published Pro...
World’s First Spot XRP ETF Launches on Brazil’s B3 Exchange
Brazil just outpaced the US by beating it to the launch of the first spot XRP ETF, managed by digital asset investment firm Hashdex. On Apri...
Brazil’s CVM Greenlights World’s First XRP-Holding ETF by Hashdex
Brazil’s Securities and Exchange Commission (CVM) has made history by granting approval for what appears to be the world’s first exchang...