Brazilian prosecutors justify X’s closure on grounds of “national security”

Brazil’s Attorney General’s Office, through prosecutor Paulo Gonet, presented arguments to the Supreme Federal Court (STF) to support the ban on the social network X (formerly Twitter), owned by Elon Musk, a measure that has generated controversy in the country. The statement by the Prosecutor’s Office comes in response to multiple demands that question the…

Moscow Stock Exchange takes a step back and refuses to trade in cryptocurrencies

Russian stock exchanges are ambivalent about plans to participate in the Russian government’s Bitcoin (BTC) and other cryptocurrency trading platform. This, in a context where President Vladimir Putin is increasingly giving further boost to its de-dollarization plan through various tools, including the creation of an official platform for trading cryptocurrencies and central bank currencies (CBDCs)….