Brazilian Lawmakers Propose Legislation to Increase Taxes on Overseas Cryptocurrency Holdings

In a significant move, Brazilian lawmakers are advancing a legislation that aims to raise taxes on cryptocurrencies held overseas. Recent reports reveal that a congressional committee has given the green...
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Brazil’s Central Bank Launches DREX as Official CBDC

In a significant stride towards digitizing its financial landscape, the Central Bank of Brazil has unveiled “DREX” as the official name for the country’s forthcoming central bank digital currency (CBDC),...
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Brazil Empowers Central Bank and Securities Commission to Oversee Crypto Market

The executive branch of Brazil has recently assigned the country’s Central Bank and Securities Commission with the responsibility of overseeing the cryptocurrency market. This decision was outlined in a decree...
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Mercado Bitcoin, Brazil’s Largest Crypto Exchange, Receives Central Bank License as Payment Institution

In a significant development for the cryptocurrency industry in Brazil, Mercado Bitcoin, the country’s largest crypto exchange, has obtained a license as a payment institution from Brazil’s central bank. The...
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Visa Unveils Blockchain and CBDC Project in Brazil for SMEs

  Visa has partnered with Agrotoken, Microsoft, and Sinqia to launch a new blockchain and central bank digital currency (CBDC) project in Brazil. The project aims to explore the use...
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Crypto Stats

CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin61,727 0.22 % 1.84 % 12.57 %
Ethereum3,006.0 0.03 % 1.73 % 16.01 %
Tether1.001 0.03 % 0.10 % 0.18 %
BNB543.22 0.52 % 1.01 % 9.06 %
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