Regulation
The Central Bank of Brazil is moving forward with its central bank digital currency (CBDC) pilot project, Real Digital, and large national and global companies are joining the initiative. Scheduled to start in mid-June 2023, the real digital platform pilot will attract renowned participants. On May 24, the bank […]
The world's largest cryptocurrency exchange, Binance, is being investigated by the Federal Public Ministry and the Federal Police of Brazil on suspicion of financial crime. The investigation would have started after the Securities and Exchange Commission (CVM) denounced the company to the São Paulo State Attorney's Office for continuing to offer derivatives of […]
The Central Bank of Brazil must establish the conditions and deadlines for adapting virtual asset service providers to the new rules established by the Cryptocurrency Law, sanctioned by the President of the Republic on December 21, 2022. The law establishes general guidelines for the provision of virtual asset services, including […]
In a lawsuit filed by the SEC against the socialite Kim Kardashian for improper promotion of cryptocurrency, the influencer lost out, who will have to pay a fine of 1,2 million dollars to the regulator. The news that Kim Kardashian made a proposal to the SEC to put an end to the court case […]
According to information from Central Bank economist Fábio Araújo, in 2023 the tests will start that will allow the implementation of the project called Real Digital. Just over two months ago, Fábio Araújo had informed that the tests would start in 2022, in the pilot version of the project. However, with the strike of […]
According to market news, Portugal is more actively discussing the elaboration of a cryptocurrency taxation process. Under discussion since 2021, the new regulation provides for the taxation of different crypto-assets, such as Bitcoin and Ether, the two main cryptocurrencies on the market. According to data obtained from the local portal in Portugal, […]
The mayor of Buenos Aires, Horacio Rodríguez Larreta, announced that, soon, the residents of the city will have one more payment option for their taxes: cryptocurrencies. The announcement was made last Monday, the 25th, and was a pleasant surprise for the city, which is the capital of Argentina. According to Horacio Rodriguez […]
The digital real will be a reality for us Brazilians in 2023, according to a statement made by the Central Bank at the end of 2021. This news comes at a time when the regulation of cryptocurrencies in Brazil is being discussed, mainly driven by the fact that Brazil currently occupies the 14th place among the countries […]
Bill 2303/15 created by Deputy Aureo Ribeiro (Solidariedade-RJ) seeks to create a supervisory body dedicated to monitoring and authorizing the operation of exchanges aimed at cryptocurrencies and various digital assets in Brazil. The text seeks to curb the practice of crimes related to cryptoactives. Of them, the crimes of embezzlement and money laundering tend […]
According to an Asian news agency, Japan is acting to limit the number of cryptocurrency issuers. This affects services such as Tether, which are backed by reserve assets, whether the dollar or the yen. In this way, the Japanese economy joins principles already taken in the […]
