South America
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...
