Brazil has seen a massive increase in stablecoin adoption and trading volume in recent months, with Tether's USDT surpassing all other digital assets. This indicates growing demand for stablecoins as a way to minimize volatility risk in crypto investing.
Cheng YuanShould 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.
BrianThe President of Brazil, Jair Bolsonaro, is signing new legislation to regulate the use of...
dailyhodlThe bill still requires the approval of the executive branch before it becomes law.
CoindeskAccording to a press release from Tether, Brazil has 34 million unbanked adults.
BeincryptoThe university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse.
CointelegraphAccording to a press release, the Stellar Development Foundation (SDF) will join forces with major exchange platform Mercado Bitcoin. The ...
BitcoinistCryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.
CointelegraphLatin America's largest country may soon become the latest to regulate cryptocurrencies, which lawmakers hope will increase their use in Brazil.
CointelegraphThe law will allow the president of Brazil to designate or create a regulatory agency to oversee the crypto market.
Cointelegraph