Brazil’s public security agencies have a new weapon for fighting organized crime after national legislators approved a measure allowing them to use confiscated cryptocurrency in their efforts. On Wednesday, Brazil’s…
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Brazil
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Crypto Currency
Brazil Backs a R$1.08M Bitcoin Orchestra That Turns Live BTC Prices Into Real-Time Music
Key Takeaways: Brazil approved a R$1.08 million ($197,000) tax-incentivized project that converts live Bitcoin price data into orchestral music. A custom algorithm will translate Bitcoin price movements and volatility into…
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Brazil’s Chamber of Deputies Economic Development Commission will hold its first hearing on Aug. 20 to examine a proposal to establish a Bitcoin Strategic Reserve (RESBit) worth up to $18.6…
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Brazil is getting ready to overhaul how it taxes crypto. The Brazilian government plans to scrap the long-standing exemption that lets investors pocket up to R$35,000 (about $63,000) in monthly…
