Crypto News·
Brazil’s central bank has added mandatory independent audits to the licensing approval process for crypto service providers in the country. According to the published rules cited in the report, crypto firms applying for authorization, or renewing an existing license, must…
Read full articleThe sanctions on Nobitex highlight the increasing scrutiny on crypto exchanges globally, potentially reshaping international financial compliance. The post Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion appeared first on Crypto Briefing.
The sanctions on Nobitex highlight the increasing scrutiny on crypto exchanges globally, potentially reshaping international financial compliance. The post Treasury Department sanctions Nobitex for facilitating terror finance and sanctions evasion appeared first on Crypto Briefing.
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control.
Adam Tooze recently shared a piece from The Economist about Brazil’s push for what it calls “medical sovereignty,” the determination to make its own vaccines and the active ingredients that go into its medicines rather than depend on supply chains it doesn’t control. Brazil already produces a large share of its own medicines through public […]
Binance launched US equities trading for eligible users and plans tokenized stocks as crypto exchanges expand into broader financial markets.
Geopolitical tensions and oil price volatility are reshaping market dynamics, influencing inflation expectations and crypto valuations. The post US dollar steadies as markets await Iran war signals and central bank moves appeared first on Crypto Briefing.
The post Latam Insights: The Global War on Crypto Laundering Heats up Across Mexico and Brazil appeared on BitcoinEthereumNews.com. Key Takeaways Under Instruction 739, Brazil mandates CVM-registered independent audits to grant crypto licenses. Claudia Sheinbaum inked a €5B EU deal, allowing Mexico to coordinate global anti-laundering rules. Marco Rubio labeled CV and PCC as global terrorists, with FTO compliance penalties starting on June 5. New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs The Central Bank of Brazil has introduced yet another requirement to approve the operation of virtual asset service providers (VASPs) in the country. Under Normative Instruction No. 739, issued on Friday, the bank now requires VASPs to present an independent audit from an entity registered with the Brazilian Securities and Exchange Commission (CVM) to issue operational licenses. The audits, referred to as “reasonable assurance reports,” must contain data asses
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil adds audit requirements for VASPs, Mexico and the EU explore opportunities to target crypto money laundering at a global scale, and the US government declares Brazil’s gangs as global terrorist organizations. New […]
