News list for " Razi"
Brazilian federal lawmaker Chris óstomo de Moura has introduced a bill that aims to give courts the power to freeze or confiscate the cryptocurrency assets of alleged offenders online. The bill allows judges to take preventive measures, either on their own initiative or at the request of prosecutors, when dealing with fraud crimes, including freezing cryptocurrency wallets and traditional financial assets. The lawmaker said that these preventive measures will help protect society and provide fo...
Brazil's central bank has officially unveiled a regulatory framework for the crypto industry, requiring all virtual asset service providers (VASPs) to obtain a central bank license and hold a capital base of at least 10.80 million to 37.20 million reais (about $2 million to $7 million) depending on the type of business. The new regulations bring crypto activities under the scope of foreign exchange and capital markets supervision, require companies to regularly report cross-border transaction da...
Brazil's central bank has announced new rules for the operation of the cryptocurrency market.
According to market news, Brazil's central bank will discuss the inclusion of bitcoin in its foreign exchange reserves in November.
Vijaye Raji, founder and CEO of Statsig, will join OpenAI as CTO of Applications, leading the engineering development of ChatGPT and Codex. The acquisition of Statsig by OpenAI will further expand OpenAI's position in the application space.
The White House issued an order to update the tariff authority on Brazil. White House: Trump signed an executive order to impose an additional 40% tariff on Brazil, bringing the total tariff to 50%.
According to crypto detective ZachXBT, the Brazilian central bank service provider C & M Software suffered a cyber attack and lost about $140 million, making it one of the worst cyber security incidents of the year. The attackers converted fiat currencies to Bitcoin, Ethereum and USDT, and operated through Latin American over the counter platforms and exchanges, estimating that at least $3,000-40 million was converted into cryptocurrencies. A Brazilian law enforcement investigation found that th...
On July 2 local time, at least six Financial Institution Groups in Brazil suffered cyber attacks. Hackers took advantage of system vulnerabilities of third-party payment service providers to initiate large-scale illegal transfers. At present, the Central Bank of Brazil has not released the specific amount involved and the list of affected Financial Institution Groups. According to the Brazilian Central Bank's investigation, the entrance of the attack is not the bank's own system, but its authori...
Tether and Adecoagro, a South American sustainable producer, today announced that they have signed a memorandum of understanding to explore strategic collaboration around bitcoin mining. As the world accelerates the transition to a cleaner and more efficient energy system, bitcoin mining is increasingly becoming a powerful means to monetize surplus energy, enhance grid stability and support the development of decentralized networks. The project will explore how renewable energy assets can be use...
The Brazilian government issued a statement saying it has decided to extend trade protection measures for the steel industry.
