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
The post EU crypto transaction tax: EC reviews 0.1% levy for 2028–2034 appeared on BitcoinEthereumNews.com.
The EU crypto transaction tax under review by the European Commission could put a 0.1% levy on crypto trades across the bloc, a small charge on paper that may have outsized consequences for traders, exchanges, and the European Union’s budget plans. The proposal, outlined in an internal document circulated on May 30, is projected to raise between €3 billion and €4 billion a year. That makes this more than a niche tax story. Instead, it sits at the intersection of two major EU priorities: finding fresh revenue for the next long-term budget and tightening the framework around digital assets as crypto regulation in Europe has become more mature. There is a catch, however, and it is a big one. The plan is not adopted, and getting it over the line would require unanimous approval from all 27 EU member states, a threshold that has derailed or delayed many tax measures before. What the E
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 […]
The post Top World Cup 2026 Crypto Coins: Three Layers Riding Football’s Biggest Stage appeared on BitcoinEthereumNews.com.
The FIFA World Cup 2026 begins on June 11 across the United States, Mexico, and Canada. As excitement builds, crypto markets have already formed around the tournament. However, not every token claiming a World Cup connection offers the same level of exposure. The market has split into three distinct categories. Some projects have direct football partnerships. Others use FIFA branding without authorization. A third group consists entirely of speculative meme coins built around national teams. Understanding the difference may help investors separate genuine football-related crypto plays from short-term hype. The Three Layers of the World Cup 2026 Crypto Trade World Cup-related crypto assets currently fall into three categories: Licensed football infrastructure and fan tokens Unofficial FIFA-themed meme coins National-team meme coins on Solana Each layer responds to
The EU's potential policy shift could reshape global energy logistics, impacting oil prices and accelerating crypto's role in trade settlements.
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The post New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs appeared on BitcoinEthereumNews.com.
Key Takeaways Central Bank of Brazil issued Instruction 739, forcing VASPs to get independent audits to secure licenses. Audits must ensure that each VASP is prepared to combat and prevent crypto-linked crime. Following the $5B Hidden Flow case, Brazil’s new rules will next tighten oversight to avoid crypto laundering. Central Bank Of Brazil Moves to Add Audit Requirement 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 assessing the VASP’s
According to Normative Instruction No. 739, issued on Friday, VASPs will now need to undergo an audit by an approved third-party entity to obtain authorization to operate in Brazil. The requirement adds to an already stringent regulation, making the process of obtaining a license in Brazil more difficult. Central Bank Of Brazil Moves to Add […]
The EU's shift towards defensive trade policies with China may spur increased interest in alternative assets amid potential market volatility.
The post European Commission vows tougher action on trade with China as deficit hits €360 billion appeared first on Crypto Briefing.
The EU's shift towards defensive trade policies with China may spur increased interest in alternative assets amid potential market volatility.
The post European Commission vows tougher action on trade with China, calling relationship ‘not sustainable’ appeared first on Crypto Briefing.