Brazil

The Cardano Foundation recently announced a strategic partnership with Petrobras, Brazil's leading state-owned oil company. The collaboration focuses on providing blockchain education and exploring technology applications within the energy sector.

Itau Unibanco's entry into crypto reflects Brazil's role as a TradFi-crypto convergence testing ground. The move aligns with global trends, indicating growing interest and potential challenges in bridging traditional finance with the crypto market.

Porto Alegre in Brazil makes legislative history with the unanimous approval of an AI-drafted law, heralding a new era in lawmaking and technology integration.

Brazil's Itau Unibanco embraces crypto, expanding services to align with global banking shifts.

OKX's entry into Brazil brings cutting-edge services and Web3 innovation, shaping the future of crypto trading in the region.

A congressional committee in Brazil has taken a significant step by recommending potential indictments for four high-ranking officials connected to Binance, including CZ himself.

The new IDs are set for release this month.

Should the legislation secure approval, it would render crypto assets owned by Brazilians overseas subject to the same tax regulations governing traditional assets, taking effect from January 2024.

Coinbase may be caught in the crypto regulatory crackdown in the U.S., but the company is finding plenty of friendly faces in Brazil.

According to a press release from Tether, Brazil has 34 million unbanked adults.