The Brazilian SEC has reportedly turned over screenshots from Binance’s Brazilian website with instructions for evading a stop placed on futures trading on the site.
Brazilians will have more options for trading in crypto and better customer service as the U.S.-based exchange partners with the popular instant payment app.
The Brazilian government is set to issue a decree that modifies some of the rules established in the Bitcoin Law approved in November 2022 by former president Jair Bolsonaro. This move comes in line with recent developments taken by President Lula da...
The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.
Crypto is becoming mainstream in Brazil, with (about 16 million people) owning cryptocurrency. As a result, exchanges such as Binance, Crypto.com, and Coinbase are soaring in Brazil.
Brazil is becoming the primary crypto market of Latin America as re...
The proposed law won’t necessarily make crypto legal tender in the country, but it’ll at least be legally recognized financial asset for investments and other uses.
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.