Petrobras wants to undermine Bitcoin

Petrobras, one of the largest oil companies in the world, launched a research and development project to experiment with Bitcoin mining and other areas of emerging technology. Tokenization and web3 are also an integral part of this Petrobras initiative. Through LinkedIn, Marcelo A. Curi, specialist in Tokenization and Web3, Indian That the Petrobras research project … Read more

Brazil orders WorldCoin to stop Iris scan

They believe that the process of personal data that WorldCoin carries is “particularly serious.” Worldcoin has been questioned practically throughout Latin America. Brazil ordered the WorldCoin cryptocurrency project to stop scanning the iris of Brazilians. The National Data Protection Authority (ANPD) formally applied a preventive measure to the Tools for Humanity (TFH) company, a project … Read more

Brazil regulator goes after bitcoin to raise taxes

The tax changes will take effect sometime in the first quarter of 2025. Although the regulator does not give specific details, it talks about inspections and enforcement actions. In a recent statement, the Receita Federal, Brazil’s main financial regulator, reported that starting in the first quarter of 2025, the tax conditions for profits obtained from … Read more

Indonesia has been included in the BRICS group of developing countries.

Sao Paulo – Indonesia has been accepted as a full member of the BRICS bloc of developing economies, Brazil, the group’s chair country, announced on Monday. Indonesia’s candidacy was endorsed by BRICS leaders in August 2023, according to Brazil’s Foreign Ministry, which holds the presidency of the group for 2025. However, the world’s fourth most … Read more

Israel helps former soldier leave Brazil to investigate alleged war crimes in Gaza

Jerusalem Israel has helped a former soldier leave Brazil after a group that accuses Israelis of war crimes in the Gaza Strip launched legal action against him based on the soldier’s social media posts. Israel’s Foreign Ministry said on Sunday it had helped the former soldier safely leave Brazil on a commercial flight after what … Read more

Death toll from bridge collapse in Brazil rises to 10

Brasília, Brazil – The death toll from a bridge collapse in northern Brazil rose to 10 on Friday, officials said. The Juscelino Kubitschek de Oliveira Bridge, linking the states of Maranhão and Tocantins, collapsed on Sunday, sending vehicles and their occupants into the water below. The Brazilian Navy was carrying out rescue operations in the … Read more

Brazil wants to prohibit stablecoin withdrawals to self-custody wallets

The Central Bank of Brazil (BCB) is exploring new regulation that could significantly change the landscape of cryptocurrency transactions in the country. On November 29, the BCB launched a public consultation proposing to veto transfers of stablecoins, such as Tether’s USDT, to self-custody wallets such as MetaMask. “The virtual asset service provider is prohibited from … Read more

Brazil could also have its own strategic bitcoin reserve

The reserve would be called RESBit and the objective is to “diversify the Treasury’s financial assets. The project provides for the planned acquisition of BTC with up to 5% of international reserves. Brazilian deputy Eros Biondini presented a bill for the creation of a sovereign strategic reserve of bitcoin (BTC) by the federal government, called … Read more

Putin proposes creating an economic platform for the BRICS

Russian President Vladimir Putin proposed the creation of an exclusive economic platform for the BRICS countries. This with the objective of strengthening the economies of the member states of the association. During his speech at the BRICS Summit, which ends today, Putin stressed: “The time has come to discuss the idea of ​​creating our own … Read more

we already have millions of users

Brazil is Meli Dólar’s main focus, says Estivariz. According to the executive, the currency has had “good acceptance” in Brazil. Ignacio Estivariz, vice president of Fintech services at Mercado Libre, stated that the Meli Dólar stablecoin already has “millions of users” who have received the currency “through the benefits of the loyalty program or because … Read more