Banco Do Brasil Launches Latam’s First Digital Note
Banco do Brasil invests $5M in Citi’s digital note via Euroclear, pioneering Latam blockchain move and boosting cross-border transactions. #Update #Finance
Brazil
CBDC Guardrails Proposed to Prevent Abuse
Bill 4212/25, aiming to limit Brazil’s CBDC control, passed a key committee. It ensures cash remains and mandates no financial exclusion. #Update #Legal
Bitcoin: Brazil Approves Crypto Law Bill
Brazil’s Chamber of Deputies debates Bill 2946 to enforce mandatory registration for crypto services, aiming to stabilize VASP regulations by codifying Central Bank resolutions. #Update #Crypto
Pix Faces US Trade Restrictions
The U.S. Trade Representative claims Brazil’s Pix system restricts U.S. commerce, prompting potential 25% tariffs. Lula defends Pix, citing its April 7 billion transactions. #Breaking #Legal
Brazil B3 Launches Tokenized Stocks 2026
Brazil’s @B3 prepares to tokenize stocks in H2 2026, aiming for blockchain-based replicas without direct trading initially. Plans include launching B3RL stablecoin for potential onchain settlements. #Update #Blockchain
Brazil Bans Banco Topazio Crypto Trading
Banco Topazio banned for 2 years and fined $3.2M by Brazil’s Central Bank over $1.7B in unchecked crypto trades, signaling tighter regulation for Brazilian banks. #Breaking #Legal
Brazil Bans Stablecoin Use in Payments
Brazil’s central bank bans electronic foreign exchange providers from using stablecoins and cryptocurrencies for overseas remittances, effective October 1, impacting firms like @Wise and @Nomad. #Update #Crypto $USDT $BTC
Central Bank Limits Crypto Payments in Brazil
Brazil’s Central Bank bans crypto assets in cross-border settlements via eFX, requiring licensing by May 2027. Resolution No. 561 takes effect October 1, 2026. #Update #Crypto
Brazil Bans Bitcoin in Cross-Border Payments
The Central Bank of Brazil bans crypto in cross-border payments, mandating fiat use from October 1, aiming to enhance security and transparency. #Update #Legal
Stablecoins Dominate $6.9B Brazil Crypto Market
Brazil’s Central Bank reports $6.9B Q1 2026 crypto volume, with stablecoins at 98%. President Lula pauses stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest market. #Update #Crypto
Bitcoin Mining Investment by Brazil’s Largest Bank
@Itau Ventures invests up to $10M in Minter for mobile bitcoin mining data centers, targeting Brazil’s $1.2B energy curtailment market by 2025. #Update #Crypto $BTC
Stablecoin Adoption Surges as Taxes Drop
Brazil delays 3.5% stablecoin tax amid backlash, boosting adoption as inflation impacts President Lula’s election bid against Flavio Bolsonaro. #Update #Crypto $USDT
Bitcoin Scandal: $320M Crypto Ring Exposed
Brazil’s Federal Police arrested MC Ryan SP in a $320M crypto laundering ring, Operation Narco Fluxo, spanning 8 states. Suspects face charges. #Breaking #Legal @FederalPolice
Inflation Surges 15% Amid Middle East Conflict
Brazil’s inflation at 4.14% prompts shrinkflation, impacting consumer budgets amid Middle East conflict. President Lula faces reelection challenges. #Update #Economy