The banking giant is advancing at the pace of the law to capture the institutional segment in the region. Brazil’s regulation could lean toward strict restrictions like the European MiCA model. For years, the relationship between traditional banking and the cryptoasset ecosystem was marked by a cautious distance and strict regulatory rigor. However, that border … Read more
Crossing the border between Brazil and Venezuela means that Bitcoin mining goes from incentive to prohibition in a single step. In Venezuelan territory, machines are turned off to protect an electrical network under pressure. On the Brazilian side, the switches open with new facilities for the import of equipment, turning energy into a strategic asset … Read more
In Florianópolis, a city in southern Brazil known both for its colonial mystique and its thriving technology sector, a proposal is being developed that seeks to redefine the limits between state management and private innovation. The idea is promoted by Paloma Lecheta, founder of Founder Village, and Nicolas Martins, deputy secretary of Technology of Santa … Read more
Germer also believes that there are now “much clearer rules of the game.” Brazil notified that cryptoassets cannot be used in eFX, its international payments service. Ralf Germer, CEO of the firm PagBrasil, developer of the Pix International gateway, considers that the recent ban by the Central Bank of Brazil (BCB) on the use of … Read more
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
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
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
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
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
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