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Brazil weighs IOF tax on cross-border crypto payments as stablecoin use soars

Brazil is thinking about extending its IOF tax on financial transactions to cryptocurrencies for international payments, two officials familiar with the ongoing discussions told Reuters. Such a move would plug a hole in the recent forex-type framework on stablecoin and virtual-asset operations, applying to many areas promulgated by the central bank. Crypto operations are already […] дальше »

2025-11-20 19:39

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LATAM crypto news: El Salvador moves toward first Bitcoin banks as Bitso partners with BVNK

These are the most relevant LATAM crypto news: El Salvador could see its first bitcoin banks operating before the end of 2025 under the newly approved Investment Banking Law, while Bitso Business and BVNK announced a strategic partnership to enable faster, stablecoin-powered cross-border payments between Europe and Latin America. El Salvador prepares for its first […] дальше »

2025-9-13 16:06

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How asset tokenization could reshape LATAM finance, according to experts

On January 21, Mastercard, a worldwide payment services firm, released a white paper co-authored with Ava Labs, the company behind the Avalanche Layer 1 blockchain. The research discusses the growing relevance of tokenizing assets with blockchain technology, emphasizing its potential to increase operational efficiency and costs, improve data management and interoperability, and open up new […] дальше »

2025-1-24 18:37

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LATAM crypto news: Orionx hits $1 billion in transactions, Bitfinex derivatives relocates to El Salvador

LATAM continues to expand in terms of the cryptocurrency scene. This week the highlights were the impressive rise of Orionx gaining $1 billion in transaction volumes. On the other hand, Bitfinex Derivatives, the derivatives segment of the cryptocurrency exchange Bitfinex, has revealed its decision to shift to El Salvador strategically after it received the Digital […] дальше »

2025-1-11 12:25