Scan to download
BTC $60,670.22 -0.18%
ETH $1,560.76 -1.94%
BNB $573.32 -0.03%
XRP $1.09 -1.29%
SOL $61.91 -4.79%
TRX $0.3212 -0.11%
DOGE $0.0809 -1.85%
ADA $0.1581 -2.10%
BCH $214.48 -1.96%
LINK $7.35 -0.90%
HYPE $57.73 -1.38%
AAVE $60.50 -3.61%
SUI $0.7109 +0.18%
XLM $0.2114 +9.96%
ZEC $359.40 +4.27%
BTC $60,670.22 -0.18%
ETH $1,560.76 -1.94%
BNB $573.32 -0.03%
XRP $1.09 -1.29%
SOL $61.91 -4.79%
TRX $0.3212 -0.11%
DOGE $0.0809 -1.85%
ADA $0.1581 -2.10%
BCH $214.48 -1.96%
LINK $7.35 -0.90%
HYPE $57.73 -1.38%
AAVE $60.50 -3.61%
SUI $0.7109 +0.18%
XLM $0.2114 +9.96%
ZEC $359.40 +4.27%

brazil

The Brazilian central bank requires cryptocurrency service providers to undergo financial audits and tightens licensing rules

According to Bits.media, the Central Bank of Brazil has tightened the licensing rules for virtual asset service providers, requiring them to undergo independent financial audits before obtaining operational licenses starting June 1. The auditing firms must not only examine the company's financial status but also review its compliance with anti-money laundering and counter-terrorism financing regulations, including whether the platform separates its own funds from customer assets, its risk management practices, and employee training. Auditors must be registered with the Brazilian Securities Commission. Cryptocurrency exchanges, brokerage firms, and custody services applying for a license for the first time must comply with these requirements from the start of the registration process, and companies that already hold licenses must also pass independent audits when renewing.Brazil first clarified in legislation in 2022 that virtual asset services are regulated by the central bank, establishing a category for licensed virtual asset service providers in November 2025. Additionally, Brazil recently imposed a complete ban on 28 betting and prediction market platforms, including Polymarket and Kalshi, on the grounds that they did not comply with local derivatives trading requirements. Starting October 1, Brazilian electronic foreign exchange providers will be prohibited from using cryptocurrencies for international remittances.

OneBullEx attended the Web3 career opportunities event at São Paulo University, deepening local ecosystem connections in Brazil

OneBullEx's Brazil head Yonn Weigl represented the platform at a Web3 career opportunities event held at the University of São Paulo (USP). The event was organized by Blockchain on the Road and supported by USP's student blockchain organization Polichain, focusing on Web3 career paths, emerging skill demands, and opportunities in Brazil and the Latin American region. USP is one of the representative top universities in Brazil and Latin America, while Polichain is an important student organization that connects students on campus with blockchain research, technology discussions, and industry opportunities.During the event, OneBullEx delivered a 20-minute keynote speech. Yonn gave a speech in Portuguese titled "IA opera. Humanos decidem. E você, onde quer estar?" (AI operates. Humans decide. And you, where do you want to be?), sharing insights on AI automation execution, human judgment, Web3 career choices, and the evolution of trading infrastructure. He stated that AI is responsible for execution, humans are responsible for decision-making, and the real difference lies in who can choose their position before the market makes choices for them.In the subsequent roundtable discussion, Yonn exchanged ideas with representatives from Ripple, Banco Inter, Chiliz, Oxus Finance, Biobots, and the USP academic research community, covering topics such as Web3 career opportunities, stablecoin payments, digital financial infrastructure, AI applications, and market growth.OneBullEx also introduced its product layout around AI-driven contract trading infrastructure during the event, including the automated strategy execution market 300 SPARTANS and the AI strategy generation platform OneALPHA. OneBullEx stated that Brazil is not only an important user market but also has long-term potential for talent and ecosystem co-construction. In the future, the platform will continue to focus on AI-driven trading infrastructure, regional ecological cooperation, and local talent connections, actively participating in the development of the Web3 market in Brazil.

Brazil passes new law: Confiscated cryptocurrency assets will be used for public safety expenditures, increasing efforts to combat crime

Brazilian President Lula has signed Law No. 15,358, which explicitly incorporates seized cryptocurrency assets during law enforcement into the public safety funding system for expenditures such as police equipment, intelligence operations, and personnel training.The law allows for the temporary use of relevant cryptocurrency assets prior to final conviction with court approval. The new regulations also significantly expand the powers of judicial authorities, allowing them to freeze, block, or confiscate cryptocurrency assets during the investigation phase, including restricting access to exchange accounts, digital wallets, and related platforms. Once convicted, the individuals involved will be permanently deprived of the ability to use the formal financial system and cryptocurrency systems. Additionally, the law categorizes the use of encrypted communication tools or privacy technologies to conceal criminal activities as an aggravating circumstance, promotes cross-border asset recovery and intelligence sharing, and establishes a national database to integrate the financial structures of criminal organizations. Analysts believe that this initiative marks Brazil's shift of cryptocurrency assets from potential reserve tools to law enforcement resources, strengthening the crackdown on organized crime (such as PCC and Comando Vermelho) while advancing the judicial system's regulatory and disposal capabilities regarding digital assets.
app_icon
ChainCatcher Building the Web3 world with innovations.