In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can
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A Thriller Gone Real: Alleged Scammer Kidnapped by Fake Police, Loses $50 Million
An individual wanted by Interpol, lost $50 million in a kidnapping that involved drugs, fake police officers, and a daring escape in Brazil. Rodrigo Perez
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Largest Bank in Brazil Mulls Stablecoin, Awaits Regulation
Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences of American banks
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BRICS Expands Currency Independence Plan as Brazil Champions Dollar-Free Deals
Brazil backs BRICS’ push to trade in national currencies, urging reduced U.S. dollar reliance despite business preference for its liquidity and dominance in private transactions.
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Brazil Bans Retirement Funds From Investing in Cryptocurrency
The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it
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Survey: More Brazilians Invest in Cryptocurrency Than in Dollars, Gold and Stocks
The survey, commissioned by Coinbase and Hashdex, found that while savings accounts were Brazil’s most used investment instrument, cryptocurrency was more popular than other options,
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