Brazil already has its Microstrategy -style company with Bitcoin

Méliuz, a Brazilian fintech known for its platform of Cashbackhas acquired 274.52 Bitcoin (BTC) for 28.4 million dollars, yesterday May 15. This allowed him to raise his holdings at 320 BTC. This operation reinforces the strategy initiated in March and Consolidated Méliuz as the first company quoted in the Brazilian Stock Exchange that assumes its…

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…

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…

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…