CoinDesk

Brazil’s Largest Asset Manager Recommends Investors Put Up to 3% of their Money in Bitcoin to Hedge Against FX, Market Shocks

The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio ...
Cryptopolitan on MSN

Brazil regulators bar Nubank from bank-linked marketing without proper license

Brazil’s regulators have told the country’s largest fintech Nubank that it cannot keep using the “bank” label in its branding ...
Hosted on MSN

Shadow bank moved R$46 billion for cartel in one of Brazil’s biggest financial scandals

Brazil has carried out the biggest crackdown on organised crime in its history. Authorities exposed a multibillion-dollar money laundering scheme linked to the Primeiro Comando da Capital (PCC). This ...
Reuters

Brazil seeks US cooperation in money-laundering probe

Brazil unveils major operation targeting tax evasion, money laundering in the fuel sector Finance minister says scheme used U.S.-based firms, urges cooperation with Washington Authorities say the ...
CoinDesk

Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case

A federal court in Brazil sentenced 14 people to jail for laundering more than 508 million reais ($95 million) from international drug trafficking and other violent crimes, wrapping up a years-long ...
The New York Times

Brazil Has a New Digital Spending Habit. Now It’s a Trump Target.

Brazil’s fast and free homegrown digital payment system, PIX, has become wildly popular. The Trump administration says it unfairly undercuts U.S. companies. By Ana Ionova Reporting from Rio de Janeiro ...