Brazil

Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.

Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap
The company adopted a bitcoin treasury plan by deploying a strategy inspired by Metaplanet, with 66% shareholder approval, to mitigate negative returns from government bonds.

Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
A new reporting system, DeCripto, will be introduced in July 2025 to track crypto transactions.

‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo
An executive at a Brazil-based crypto firm argued that increasing regulation and surveillance are a threat to freedom, and that P2P tech remains a vital line of defense.

Blockchain-Based Microloans Are Coming to Farmers in São Paulo
The project utilizes a blockchain infrastructure developed with Tanssi's technology, enabling predictable transaction fees and reliability, rather than relying on public blockchains.

Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows
The move comes amid new regulations from Brazil's central bank, requiring crypto firms to be licensed and report international transactions.

Brazil Proposes Selling Seized Bitcoin to Undercut Organized Crime Networks
The proposed law, part of the "anti-faction bill", would treat cryptocurrencies like foreign currencies and financial securities.

Brazil’s Central Bank Sets Crypto Rules, Establishes up to $7M Capital Bar for Firms
The rules classify crypto activities as subject to foreign exchange and capital market rules, and require reporting of international transactions.

Banco Inter, Chainlink Power Real-Time CBDC Trade Settlement Between Brazil and Hong Kong
The pilot, part of Brazil's Drex initiative, used Chainlink's infrastructure to connect Brazil's Drex network with Hong Kong's Ensemble platform.

Brazil’s OranjeBTC Joins Wave of Struggling Crypto Treasury Firms Turning to Buybacks
The move is part of a growing trend among DAT companies, including ETHZilla, Metaplanet, Sequans, and Empery Digital.
