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The establishment of a US crypto strategic reserve has started a global trend of nations interested in holding crypto assets like Bitcoin. Here are the countries expressing interest in holding crypto. National crypto reserves seem to be all the rage…

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Multiple countries, including Indonesia and Brazil, are now exploring the creation of strategic Bitcoin reserves to strengthen economic resilience and modernize financial infrastructure. Will Indonesia establish a strategic Bitcoin reserve? Bitcoin Indonesia, a local crypto advocacy group, recently met with…

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As Brazil moves toward stricter crypto regulation, BitGo is making a timely play to become the country’s go-to institutional custodian.

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VERT, a Brazil-based capital markets firm, has joined the growing trend of companies looking to tap into tokenization with a new solution on XRP Ledger. The fund management firm’s move comes as Wall Street giants such as Goldman Sachs, BNY…

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Brazilian authorities just pulled off a major crackdown on a sophisticated money laundering network with the help of Tether. The stablecoin giant’s real-time tracking tools led to the freeze of R$32 million in USDT, exposing how crypto forensics is outpacing…


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Blockchain investigator ZachXBT helped Brazilian authorities freeze $5 million in stolen funds.

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Brazil is taxing cryptocurrency profits at a flat rate, having scrapped the monthly exemption previously granted to small-scale investors. Starting June 12, a 17.5% capital gains tax applies to all crypto transactions, regardless of the value or volume, as part…

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Méliuz, a publicly traded fintech in Brazil, has filed for approval to raise $26.4 million that it plans to use to buy more Bitcoin. According to a report by Reuters, the company is seeking regulatory approval for an offer of…

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Brazil’s main stock exchange, B3, will begin offering Ethereum and Solana futures contracts on June 16, expanding its crypto derivatives lineup beyond Bitcoin. The move comes after approval from the Brazilian Securities and Exchange Commission and is part of a…

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Brazil’s federal court has sentenced three members of the collapsed crypto scheme Braiscompany to a combined 171 years in prison, marking one of the country’s harshest penalties in a financial fraud case. Joel Ferreira de Souza, identified as the main…

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Itaú Unibanco, the largest bank in Brazil and Latin America, is exploring the creation of a real-pegged stablecoin as it awaits regulatory clarity from the Central Bank’s ongoing public consultation. Itaú Unibanco is considering to issue an in-house stablecoin pegged…

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Brazilian neobank giant Nubank has expanded its crypto offerings, adding support for ADA, NEAR, ATOM, and ALGO. Nubank, a Brazilian neobank with over 85 million customers, is expanding its crypto offering with four new tokens, giving clients of its crypto…

Follow-up
Today, various governments and institutions around the world are exploring Bitcoin’s potential for their benefit. We hear much talk about adopting Bitcoin reserves on the national level. However, Brazil came to crypto adoption from a workers’ perspective by introducing a…

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Brazil seems to favor blockchain for BRICS cross-border trade, moving away from talk of a joint currency. Brazil may be exploring blockchain to improve BRICS — which includes Russia, India, China, along with other members — trade transactions, with the…

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Cardano Foundation has sealed a strategic partnership with Serviço Federal de Processamento de Dados, a state-owned information technology firm and the largest technology provider for the government of Brazil. Serviço Federal de Processamento de Dados, or SERPRO, is a leading…

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Former Brazilian football player, Ronaldinho Gaúcho has launched his official token, STAR10. Shortly after, on-chain data alludes to insider wallets making profit from it. On March 3, Ronaldinho announced the launch of his official token, dubbed STAR10. According to the…