Brazil
Brazil has published a new regulatory framework for virtual asset service providers, setting clear rules on licensing, custody and compliance. Institutions have until February 2026 to meet the requirements and adjust operations.
El Salvador bought nearly 1,100 BTC during the recent market dip, underscoring its continued accumulation strategy. Meanwhile Brazil rolled out stricter crypto tax reporting rules and Argentina published a critical report on Libra, raising regulatory pressure across the region.
KuCoin Pay has integrated Brazil’s Pix instant-payment network, allowing users to convert crypto into BRL and pay merchants via QR codes. The integration targets everyday use in Latin America’s largest crypto market.
A worm propagating through WhatsApp is distributing a banking trojan across Brazil, specifically aiming to harvest crypto wallet credentials and online banking logins. Cybersecurity firms and authorities are warning users to be cautious with messages and links.
Coinbase today rolled out decentralized exchange (DEX) trading for Brazilian users after Brazil’s central bank introduced licensing and cross‑border disclosure rules. The addition supports Coinbase’s push to become an all‑in‑one crypto platform while aligning with new regulatory requirements.
Brazil is considering taxing cryptocurrencies used for international payments to close a loophole in its foreign-exchange tax, two officials told Reuters. The move could reshape remittance flows and affect exchanges and payment providers if implemented.
Brazil's government and central bank have unveiled proposals to curb illicit use of Bitcoin and stablecoins by tightening KYC, reporting and oversight requirements. The measures aim to disrupt criminal activity but could raise compliance costs for exchanges, P2P platforms and stablecoin issuers.
On Nov. 12, 2025 Brazil proposed a law allowing authorities to sell bitcoin (quoted at $101,516.94) and other cryptocurrencies seized during criminal investigations. The move is presented as part of a wider crackdown on organized crime networks.
Brazil has proposed a law to allow authorities to sell bitcoin and other cryptocurrencies seized in criminal investigations, aiming to cut off organized crime funding. The plan raises legal and market questions about custody, auction procedures and potential pressure on BTC prices.
The Central Bank of Brazil has stopped using the platform from the first two phases of the drex pilot and signaled a shift: drex will pivot toward enabling assets to be used as collateral, delaying earlier CBDC rollout plans.