Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin. Go to Source
Brazil
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Brazil rolls out blockchain-based digital ID
Brazil is launching its new national identity program powered by blockchain technology. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain. Go to Source
Brazil’s crypto surge prompts central bank to tighten regulation
According to the central bank’s data, from January to August 2023, imports of crypto rose by 44.2% compared with the same period in 2022. Go to Source
Brazilian lawmakers seek to add crypto to debtors’ protected assets list
Cryptocurrencies may become a part of the personal savings category, protected from seizures on behalf of creditors. Go to Source
Brazil: Senate Commission will analyze the AI bill in 120 days
The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022. Go to Source
Ronaldinho denies part in alleged $61M crypto scam at congressional hearing
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme. Go to Source
Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil
The investigation centers around Ronaldinho’s company ’18kRonaldinho’, which promised clients daily profits of over 2% through crypto investments. Go to Source
SBF jailed, FTX partners under attack: Law Decoded
Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials. Go to Source
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. Go to Source
Brazilian CBDC gets official name and logo
Previously commonly referred to as “digital real”, Brazilian central bank digital currency gets its official brand name. Go to Source