Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure…
Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals.Previously, individuals selling up…
Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil's Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign…
Brazil, which chairs the BRICS 2025 summit is eyeing to launch Chinese yuan-denominated panda bonds in the Asian markets. President Luiz Lula da Silva looks to launch the panda bonds…
Singapore
Exchange Group (SGX) has
partnered with Brazil's B3 stock exchange to launch Brazilian Real futures
contracts, creating the first Forex (FX) trading corridor between Singapore and
Brazil that enables round-the-clock liquidity for the…
Ripple has joined forces with Unicâmbio, one of the oldest and largest foreign exchanges in Portugal, to make cross-border payments faster and easier. According to the announcement, both companies plan…
Hong Kong-based RedotPay, a crypto payment fintech serving over four million users, has partnered with stablecoin issuer Circle’s new payment network (CPN), to take the headache out of Brazil’s cross-border…
Nilton David, the Deputy Governor and Director of Monetary Policy of Brazil’s Central Bank, spoke about BRICS challenging the US dollar on the global financial landscape. He explained a realistic…
De-dollarization faces major obstacles right now, according to a recent statement from Brazil’s central bank, which has effectively dampened hopes for a BRICS currency that could potentially challenge the United…
Méliuz’s executive chairman says his fintech firm has become Brazil’s first publicly-traded Bitcoin treasury company following shareholder approval, with the firm also announcing it bought $28.4 million worth of Bitcoin…