South America
Brazil Targets Auction Fraud with Immutable On-Chain Property Records
Brazil is testing blockchain technology to overhaul its public-sector real estate auctions. In a first for the country, the Court of Auditors of the State of São Paulo (TCE-SP) will...
Argentina May Reverse IMF-Linked Crypto Ban to Modernize Banking Sector
Argentina’s central bank is actively evaluating the repeal of its 2022 prohibition on cryptocurrency services within the commercial banking sector, a move that would reopen the institutional gateway for trading...
Bolivia Seeks $9 Billion Bailout; Plans to Legalize Stablecoin Banking
Bolivia is moving into a new economic phase as the government is seeking over $9 billion in multilateral financing to stabilize its currency and restart growth. This capital injection coincides...
Crypto Investors In Spain Face 47% Tax Bill Under New Plans
Spain’s governing coalition is pushing for a drastic increase in cryptocurrency taxes. The Sumar parliamentary group has introduced amendments that would tax crypto profits at a top marginal rate of...
Brazil to Tax Cross-Border Crypto Payments Under New FX Rules
Brazil is moving to close a multi-billion dollar loophole in its foreign exchange market. The Finance Ministry is preparing to apply the IOF tax (Financial Transaction Tax) to cross-border crypto...
Brazil Introduces Sweeping Crypto Rules, Caps Unapproved Transfers at $100K
Brazil’s central bank has rolled out one of Latin America’s most comprehensive crypto regulatory frameworks. This new mandate introduces mandatory authorization requirements for all digital asset service providers (SPSAVs). It...
Trump Targets Brazil’s PIX as U.S.–Brazil Digital Payments Rift Deepens
Brazil’s PIX instant payment network, once hailed as a model for financial inclusion, is now at the center of a new trade and technology clash between Washington and Brasília. The...
Bolivia’s Auto Dealers Turn to Tether (USDT) as Dollar Reserves Hit Crisis Point
Bolivia’s economic reality is forcing change and it’s showing up on their car lots. With the country running short on U.S. dollars, dealers of Toyota, Yamaha, and BYD are now...
