Brazilian Ambassador Rejects Idea of ​​BRICS Single Currency, Prioritizes Local Currencies and Payment Systems

As emerging economies increasingly push to reduce their dependence on the US dollar, discussions around the po...

Brazil Proposes New Bill to Limit Bitcoin Mining and Tax Daily Transactions, Warning of Tightening Crypto Market

Brasília The cryptocurrency market in Brazil is facing a major turning point as a new bill has just been intro...

Operation Fantasos: Brazil Strikes Remnants of $290 Million Crypto Ponzi Scheme, Collaborates with FBI and HSI

On April 30, the Brazilian Federal Police launched Operation Fantasos – a large-scale law enforcement operatio...

Brazilian Crypto Ponzi Scheme Operator Sentenced to Over 128 Years in Prison, Ending Massive Fraud Scandal

The Brazilian justice system has handed down a harsh sentence to Joel Ferreira de Souza, identified as the mas...

Brazil Considers Bill to Allow Pay in Bitcoin and Virtual Assets

A new bill being introduced in Brazil could pave the way for salaries and other work-related payments to be ma...