Latest Brazil News and Insights | Yellow

Banks sell crypto tokens across Brazil in growing volume, with Itaú Unibanco, Nubank and Banco do Brasil each listing more than a dozen digital assets while refusing to hold any cryptocurrency on their own balance sheets, a Sept. 7 report showed. Key Takeaways Itaú Unibanco, Nubank and Banco do Bras

Brazil enacted Law No. 15,358, authorizing courts to freeze, seize, and liquidate cryptocurrencies linked to criminal organizations during investigations, even before conviction. Proceeds from asset sales will fund police equipment, training, intelligence work, and special operations through federal

Brazil has enacted Law No. 15.358, which authorizes public security agencies to use confiscated cryptocurrency assets to fund police re-equipment, personnel training, and specialized operations. The legislative framework treats digital assets as instruments of crime, allowing judges to provisionally

Brazil's incoming finance minister has shelved a planned public consultation on cryptocurrency taxation, deferring a key regulatory question about how crypto transactions will be taxed until at least after October's presidential election. The decision leaves the fiscal treatment of cryptocurrency mo

Five major Brazilian cryptocurrency and fintech associations representing more than 850 companies have formally opposed government plans to extend a financial transaction tax to stablecoin operations, warning the move would be unconstitutional and economically damaging. The joint statement, shared w