Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.
“This initiative is an answer to great transformation”, the regulators said.
“I don’t know what Bitcoin is,” Brazilian President Jair Bolsonaro says even as his administration eyes blockchain projects.
Blockchain payments company Ripple has launched in Brazil as the first stage of its planned expansion across South America.
U.S. authorities formally charged the alleged moderators of DeepDotWeb with money laundering and other crimes.
Brazilian investment bank BTG Pactual is planning to raise millions of dollars through the offering of a security token tied to property assets.
The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.
Brazil's antitrust watchdog is investigating major banks for potentially collaborating to prevent crypto brokerages from gaining banking services.
The Avaí Futebol Clube is hoping to raise $20 million in the coming months with an initial coin offering.
