Brazil’s lower house committee has approved a bill that would tighten penalties for digital fraud and give authorities broader powers to freeze crypto assets tied to crime. The move targets scammers and financial crooks, but it also raises the usual question: where does consumer protection end and heavy-handed enforcement begin? Brazil lower house committee approved […]
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Ripple Targets Brazil: Banking Solutions and Regulatory Push Take Center Stage Ripple is charging into Brazil, South America’s economic giant, with a robust set of financial tools for banks and fintechs while aiming for a crucial regulatory nod. This strategic expansion underscores Ripple’s ambition to dominate Latin America’s most progressive financial market with blockchain-driven innovation. […]
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Bitcoin Scores a Win with Brazil’s Banking Titan: Itaú Issues 2026 Allocation Guidance Brazil’s largest private bank, Itaú Asset Management, has dropped a significant yet cautious endorsement for Bitcoin, recommending that investors allocate 1%–3% of their portfolios to the digital asset starting in 2026. This move, outlined in a recent research outlook, marks a notable […]
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Brazil’s Largest Bank Itaú Champions Bitcoin as a Long-Term Portfolio Hedge What if your life savings lost a chunk of value overnight because your national currency tanked? For many in Brazil, that’s not a hypothetical—it’s a harsh reality. Enter Itaú, the country’s largest private bank, stepping into the ring with a bold yet cautious endorsement […]
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Brazil Dominates with 62% of Latin America’s Crypto Media Audience as Traffic Tanks – Outset Report Latin America is riding a cryptocurrency wave, with user numbers skyrocketing, yet the platforms covering this boom are hemorrhaging visibility. According to the Outset Q2 2025 report, while unique crypto users in the region jumped by 18.3%, crypto-focused media […]
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Will Brazil Make Bitcoin History? Hearing Date Set for Bold Reserve Proposal Brazil could be on the cusp of a financial revolution as its Chamber of Deputies prepares for a landmark public hearing on August 20, 2025, to debate Bill 4.501/2024—a proposal to include Bitcoin and other secure cryptocurrencies in the nation’s reserve assets. If […]
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India-Brazil Tech Pact: UPI, Blockchain Potential, and Digital Payments in the Global South India and Brazil, two heavyweights of the BRICS coalition, have struck a historic agreement to supercharge collaboration in digital public infrastructure (DPI), artificial intelligence (AI), and other frontier technologies. Sealed during Prime Minister Narendra Modi’s recent state visit to Brazil at the […]
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Braiscompany Mastermind Joel Ferreira de Souza Sentenced to 128 Years for $190 Million Crypto Ponzi Scheme Joel Ferreira de Souza, the mastermind behind the notorious Brazilian crypto Ponzi scheme Braiscompany, has been sentenced to a staggering 128 years in prison. Alongside him, accomplices Gesana Rayane Silva and Victor Augusto Veronez de Souza received sentences of […]
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Brazil’s Top Official Doubles Down on Bitcoin Reserve Plan Pedro Guerra, chief of staff to Brazil’s Vice-President Geraldo Alckmin, has reaffirmed his commitment to adding Bitcoin to Brazil’s sovereign reserves, signaling a significant shift in how the nation views digital currencies. Guerra advocates for Bitcoin in Brazil’s reserves. Proposal supported by Congressman Eros Biondini’s bill. […]
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Brazil’s Bold Leap: Proposing a National Strategic Bitcoin Reserve Brazil’s Vice Presidential Advisor, Pedro Giocondo Guerra, has proposed a national strategic Bitcoin reserve to bolster the country’s economic resilience and position it as a leader in the digital economy. Proposal by Pedro Giocondo Guerra Legislative Bill PL 4501/2024 RESBit reserve limit of 5% of Brazil’s […]
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