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Brazil

Spain: Banking giant Santander to start digital assets trading in Brazil
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4 August, 2022

Spain: Banking giant Santander to start digital assets trading in Brazil

Santander Brazil is also considering offering tokenization services to issue traditional market assets as blockchain-based tokens.
Brazil’s largest private bank Itaú plans to debut tokenization platform
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20 July, 2022

Brazil’s largest private bank Itaú plans to debut tokenization platform

In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.
Brazilian Parliament suspends vote on digital assets regulations bill until October
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19 July, 2022

Brazilian Parliament suspends vote on digital assets regulations bill until October

If passed, the bill will give the executive oversight powers over digital assets firms and will introduce strict sentences for...
Brazilian Federal Deputy proposes to give digital currencies new status and legal recognition
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18 June, 2022

Brazilian Federal Deputy proposes to give digital currencies new status and legal recognition

Federal Deputy Paulo Martins has proposed to amend Article 835 of Brazil's Civil Procedure Code to allow digital currencies to...
Brazil’s regulator now requires tax payments on digital currency transactions
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31 May, 2022

Brazil’s regulator now requires tax payments on digital currency transactions

The law specifies that any profit made from the transaction is taxable even when digital currency transactions do not involve...
Brazil’s Senate approves digital asset regulation bill
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30 April, 2022

Brazil’s Senate approves digital asset regulation bill

The draft bill, which received a green light from a Senate committee in February, is now headed to the Chamber...
Brazil central bank picks Visa, 8 other firms for CBDC pilot
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10 March, 2022

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...
Brazil: Senate bill seeks to legalize digital currencies
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25 February, 2022

Brazil: Senate bill seeks to legalize digital currencies

The bill has been in the works for three years and was unanimously approved by a Senate committee. It legally...
Brazil central bank denies CBDC trial links with Seattle startup
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14 November, 2021

Brazil central bank denies CBDC trial links with Seattle startup

The Seattle startup, known as Kaj Labs, published a PR claiming it was working with the central bank of Brazil...
Digital currency eyed as payment option for workers in Brazil
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14 November, 2021

Digital currency eyed as payment option for workers in Brazil

Federal Deputy Luizão Goulart’s proposal seeks a new law that provides workers in Brazil the right to request digital currency...
Brazil eyes making BTC legal tender, allowing its use as payment for goods
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11 October, 2021

Brazil eyes making BTC legal tender, allowing its use as payment for goods

Brazil’s parliament is expected to debate a bill that would officially recognize BTC as legal tender and allow citizens to...
Brazil to adopt tougher penalties for digital currency money launderers
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5 October, 2021

Brazil to adopt tougher penalties for digital currency money launderers

Brazil will raise the penalty for laundering through digital currencies to two-thirds of laundered money and prison sentence to 16...