CVM

Brazilian law treats all derivatives products as securities, no matter the underlying asset. (Danny Nelson/CoinDesk, altered with PhotoMoosh)
Binance Ordered to Halt Offering Derivatives Trading in Brazil
The order is the regulator’s first public stance on cryptocurrency derivatives trading.
Brazilian law treats all derivatives products as securities, no matter the underlying asset. (Danny Nelson/CoinDesk, altered with PhotoMoosh)

(Jo Galvao/Shutterstock)
Brazil's New Blockchain Data Tool Cost $250K, Runs on Quorum
Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive...
(Jo Galvao/Shutterstock)

"Our objective is that this system promotes gains to the market," said CVM President Marcelo Barbosa. (Image via Edilson Rodrigues/Wikimedia Commons)
Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain
Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER.
"Our objective is that this system promotes gains to the market," said CVM President Marcelo Barbosa. (Image via Edilson Rodrigues/Wikimedia Commons)