brazil

According to official news, the Brazilian listed company BTC Treasury has held a total of 3,723 bitcoins, with a total investment of approximately $392.34 million, and an average purchase price of $105,382.13 per bitcoin.The company has achieved a cumulative bitcoin return of 2.54%, with a bitcoin return of 0.15% in the first quarter of 2026.

According to BitcoinTreasuries.NET, Brazilian publicly traded company OranjeBTC (OBTC3) is negotiating a financing of approximately $19.44 million to purchase more Bitcoin.

Polygon announced on the X platform that Brazil's largest foreign exchange bank is expanding its Brazilian real stablecoin BBRL to the Polygon network. Users can achieve near-instant transfers and enjoy lower fees through this network, while accessing an active stablecoin ecosystem.This move aims to provide Grupo Braza and its users with a pathway to connect the Brazilian real with global markets, supporting international payments, investments, and business activities under the new financial internet framework, further expanding its payment chain capabilities.

According to the official website of the Brazilian Chamber of Deputies, a strategic sovereign Bitcoin reserve alternative bill named RESbit has recently been officially submitted. The bill proposes that Brazil accumulates at least 1 million Bitcoins as a national strategic reserve asset through a planned gradual acquisition over 5 years. This submitted bill significantly expands the scale of the previous bill regarding the use of 5% of foreign exchange reserves to purchase Bitcoin.The draft also includes provisions to prohibit the sale of Bitcoins seized by the judiciary, accept Bitcoin payments for federal taxes, and provide incentives for Bitcoin mining and holding companies. If this bill is passed, Brazil's holdings are expected to surpass those of the United States and China. Currently, the bill still needs to address the limitations of existing regulatory regulations from the central bank, as the current central bank regulations do not consider the use of Bitcoin as a reserve asset.

According to the official website of the Brazilian Chamber of Deputies, a strategic sovereign Bitcoin reserve alternative bill named RESbit has recently been officially submitted. The bill proposes that Brazil accumulate at least 1 million Bitcoins as a national strategic reserve asset through a planned gradual acquisition over the next 5 years.The submitted bill significantly expands the scale of the previous bill regarding the use of 5% of foreign exchange reserves to purchase Bitcoin. The draft also includes prohibiting the sale of Bitcoins seized by the judiciary, accepting Bitcoin payments for federal taxes, and providing incentives for Bitcoin mining and holding enterprises. If this bill is passed, Brazil's holdings are expected to surpass those of the United States and China. Currently, the bill still needs to address the limitations of existing central bank regulatory regulations, as the current central bank regulations do not consider using Bitcoin as a reserve asset.

According to CoinDesk, the Brazilian Congress's Science, Technology, and Innovation Committee has approved a bill report aimed at banning algorithmic stablecoins.The bill will prohibit the issuance or trading of stablecoins like USDe from Ethena and Frax, which maintain their value through algorithms rather than fully collateralized assets, requiring all stablecoins issued in Brazil to be fully backed by segregated reserve assets. The bill also raises transparency requirements and classifies the issuance of uncollateralized stablecoins as a new criminal offense, with violators facing up to eight years in prison. For stablecoins issued abroad (such as USDT and USDC), the new regulations require that only companies authorized to operate in Brazil can offer such assets, and exchanges are responsible for ensuring that their issuers comply with regulatory standards similar to those in Brazil, or else they must bear the related risk management responsibilities themselves. The bill still needs to be reviewed by Brazil's Finance and Taxation Committee and the Constitution, Justice, and Citizenship Committee before being submitted to the Senate to become formal law.

According to Valor, the Central Bank of Brazil (BC) has issued rules for banks and brokerage firms wishing to engage in cryptocurrency activities. The directive requires such institutions to hire a qualified independent company to demonstrate their compliance with the regulatory requirements for virtual asset service providers (PSAV) set by the monetary authority. The certifying entity must clearly indicate that there is no conflict of interest with the audited party.

Brazilian presidential candidate and founder of the party Missão, Renan Santos, recently stated in a podcast that Brazil should consider establishing a national Bitcoin reserve, claiming that the proposal is "feasible in reality." He pointed out that some countries have begun exploring similar practices, and Brazil could gradually build a Bitcoin reserve system.Renan Santos mentioned that his campaign platform includes content related to Bitcoin and believes that blockchain technology can serve as a tool for the public sector to enhance transparency and combat corruption. Previously, the Brazilian Congress held a public hearing on the strategic Bitcoin reserve topic, with discussions initiated by pro-crypto legislators. The Brazilian presidential election will take place this October.

According to CoinDesk, former director of the Central Bank of Brazil, Tony Volpon, announced the launch of the Brazil government bond-backed stablecoin BRD, offering an interest rate of about 15% similar to the Brazilian real.The issuance of the stablecoin BRD aims to boost demand for Brazilian government bonds and reduce the borrowing costs for the Brazilian government.

According to a report by Cointelegraph, the cryptocurrency platform Mercado Bitcoin stated that cryptocurrency activity in Brazil is expected to grow significantly in 2025, with total transaction volume increasing by 43% year-on-year, and the average investment amount per user surpassing $1,000.The report shows that 18% of investors are allocating funds to multiple crypto assets, indicating that investors are gradually shifting from single-asset investments to diversified investments. Stablecoins have also become an important entry point for both new and old investors, with trading volume approximately three times that of the previous year.

According to market news, the police in São Paulo, Brazil, successfully arrested 8 suspects involved in a Bitcoin robbery during a large-scale operation codenamed "Operation Cryptonita," while 1 person remains at large.According to the investigation, the victim disclosed their Bitcoin investment to a worker during office renovations, and subsequently, in November 2024, was robbed at gunpoint by an armed gang. The criminal group forced the victim to transfer approximately $54,000 worth of Bitcoin within about an hour and stole a truck, mobile phones, and laptops valued at $36,200. The police tracked digital transactions and discovered that the suspects created shell companies for money laundering, with most suspects having criminal records and connections to the construction industry.

Brazil's main stock exchange B3 plans to launch a tokenization platform and its own stablecoin next year, thereby deepening its involvement in the cryptocurrency space. This stablecoin will facilitate the trading of tokenized assets and is expected to be pegged to the Brazilian real.The tokenization platform will allow assets to be tokenized and traded on the exchange. Luiz Masagao, B3's Vice President of Products and Clients, stated that these two systems will share the same liquidity pool. B3 is also expanding its cryptocurrency derivatives offerings, including new options and contracts linked to cryptocurrency prices.

DeFi Technologies, a decentralized financial technology company listed on NASDAQ, announced that its subsidiary Valour has been approved to list the Solana exchange-traded product Valour Solana (VSOL) on the Brazilian exchange B3. Previously, the company had launched Valour Bitcoin (BTCV), Valour Ethereum (ETHV), Valour XRP (XRPV), and Valour SUI (VSUI) in the Brazilian market.

The Brazilian Federal Police recently launched "Operation Kryptolaundry" in the Federal District to combat criminal networks involved in illegal fundraising and money laundering through crypto assets. The operation executed 24 search warrants and 9 preventive arrests, involving 45 individuals and companies, with the total amount of funds reaching 2.7 billion reais (approximately 500 million USD), of which 404 million has been identified as illegal proceeds.The court has ordered the freezing of assets up to 685 million reais and the seizure of related properties. Those under investigation may face charges of financial crimes, money laundering, and organized crime.

Brazil's largest asset management company, Itaú Asset Management, recommends that investors allocate 3% of their funds to Bitcoin to hedge against foreign exchange and market shock risks, citing that Bitcoin has a low correlation with traditional local assets, making it a useful diversification tool.Itaú states that there is no need to time the market and suggests adopting a disciplined long-term investment strategy. Itaú Asset Management's recommendation aligns with the Bitcoin allocation ratios suggested by other major asset management companies. Earlier this month, Bank of America approved wealth advisors to recommend a maximum Bitcoin allocation of 4%, while BlackRock suggested a ratio of 2%.

According to Bitcoin Magazine, Brazil's largest private bank Itaú is advising investors to allocate up to 3% of their assets to Bitcoin.

According to The Block, cryptocurrency venture capital firm Paradigm announced in a statement on Monday that it has invested $13.5 million in the Series A funding round of stablecoin startup Crown, which is valued at $90 million.Notably, this is Paradigm's first investment in the Brazilian market. Ricardo de Arruda, Paradigm's investment and research partner and a Brazilian national, stated that Crown's leadership team and their past experience in fintech and institutional client services were significant factors in Paradigm's decision to make this its first investment in Brazil.Crown is the issuer of the BRLV stablecoin, which is pegged to the Brazilian real (BRL). Crown claims that its token has become the largest emerging market stablecoin globally. The BRLV is fully backed by Brazilian government bonds.

DeFi Technologies Inc. announced that its subsidiary Valour has received approval from the Brazilian B3 exchange to list four digital asset exchange-traded products (ETPs), including Valour Bitcoin (BTCV), Valour Ethereum (ETHV), Valour XRP (XRPV), and Valour SUI (VSUI), which are expected to begin trading on December 17.

According to DL News, the Brazilian Federal Court has sentenced 14 people for using Bitcoin to launder over $95 million from drug trafficking and kidnapping crime profits. Two main offenders were sentenced to more than 21 years in prison, one of whom is a prison security officer, while the remaining 12 were sentenced to varying terms of 10 to 17 years.The criminal group operated in Minas Gerais and Paraná from April 2019 to July 2024, primarily functioning to conceal the nature, source, flow, and ownership of assets from cross-border drug trafficking and violent crime, including ransom from a kidnapping case in Rio de Janeiro.Investigations revealed that the group used Bitcoin and other cryptocurrencies to launder money for a larger criminal network, operating an "accounting department" through false tax identification numbers, fake accounting records, and multiple shell companies, disguising their activities as being involved in industries such as food trade, livestock, luxury goods, and swimwear.