Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil

A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed by the Chamber of Deputies… More

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Brazil proposes to ban stablecoin withdrawals to self-custodial wallets

Brazil, the second-largest market for stablecoin transactions, may ban stablecoin withdrawals to self-custodial wallets like MetaMask.

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Drex Brazilian CBDC pilot will work on privacy, DeFi in phase 2

The Brazilian central bank has 13 participants for phase 2 so far, and it is willing to take on an unlimited number. 

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