Brazil2026-10-04 05:32:56Brazil election outcome could shape the country’s crypto policy directionBrazil’s presidential election is set for Oct. 4, and the result could affect the direction of crypto policy in a country described by Bitcoin.com News as ranking first globally in crypto adoption. The race pits incumbent President Luiz Inacio Lula da Silva, referred to in the source as Lula, against Flavio Bolsonaro, the son of a former president. According to the report, a Lula victory would likely bring tighter regulation and stricter compliance requirements for the crypto sector. Brazil’s central bank has already stepped up oversight of exchanges, and a tax on stablecoin transactions, previously put on hold because of the election, could move forward. If Flavio Bolsonaro wins, his position on crypto remains unclear. The report says there is no record of him publicly mentioning cryptocurrencies, though it notes that he previously defended individuals linked to the "Bitcoin Pharaoh" pyramid scheme.20
Brazil2026-10-04 05:57:06Brazil election outcome may shape crypto policy as vote nearsBrazil’s presidential election, scheduled for Oct. 4, could influence the direction of crypto policy in what the report described as the world’s top country for crypto adoption. The race pits incumbent President Luiz Inacio Lula da Silva, referred to in the source as Lula, against Flavio Bolsonaro, son of a former president. According to Bitcoin.com News, a Lula victory could bring tighter regulation and stricter compliance requirements for the crypto sector. The report said Brazil’s central bank has already stepped up oversight of exchanges, and a tax on stablecoin transactions, previously put on hold because of the election, could move forward again. By contrast, Flavio Bolsonaro’s position on crypto remains unclear. The report said there is no record showing that he has publicly mentioned cryptocurrencies. It also noted that he had previously defended a person linked to the "Bitcoin Pharaoh" pyramid scheme. The election result is being watched for its potential impact on the country’s next phase of crypto rulemaking.20
Ripple2026-10-02 16:42:06Ripple, CSD BR to mirror BTG fund records on XRP LedgerRipple has partnered with CSD BR to mirror records tied to BTG funds on the XRP Ledger, according to TheDefiant. The companies said the initiative is already in a live-transaction phase. Even so, CSD BR will continue to hold the official records used for registration, deposit, and settlement. The report did not provide additional operational details beyond that structure. TheDefiant also noted in the article that its stories are stored on Filecoin. The item was published on Oct. 2, 2026.20
Brazil2026-10-02 14:43:34Brazilian fintech NG.Cash raises $15 million to expand credit and crypto servicesBrazilian fintech company NG.Cash has announced a $15 million funding round, according to Techub News, citing Finextra Crypto. The company was founded by a former YouTuber and is focused on serving young people in Brazil who do not have access to bank accounts. Its offering centers on credit and cryptocurrency-related services for that segment. NG.Cash said the fresh capital will be used to support the expansion of those businesses. The report did not disclose additional details about the investors or the structure of the round, but it identified the raise as part of the company’s push to grow services aimed at underbanked users in Brazil.20
Flare2026-10-01 06:26:49Flare CEO Hugo Philion calls muted XRP response to Brazil infrastructure breakthrough "absurd"Techub News, citing U.Today, reported that Flare co-founder and CEO Hugo Philion said XRP’s muted response to a major infrastructure breakthrough for the XRP Ledger in Brazil was "absurd." The brief did not provide additional details on the infrastructure development itself, nor did it specify what kind of market or community response Philion was referring to. The report was limited to Philion’s characterization of the reaction and identified the development as a significant infrastructure milestone tied to the XRP Ledger in Brazil.00
Cardano2026-09-30 13:00:58Petrobras tests Cardano in research projects for sustainable jet fuel and Diesel R trackingBrazil’s state-controlled energy company Petrobras is testing the Cardano blockchain in two research efforts tied to lower-carbon fuels, according to an announcement from the Cardano Foundation shared with CoinDesk on Wednesday. One project focuses on sustainable aviation fuel and is designed to track ownership and claims on emissions benefits under a book-and-claim model, where the environmental benefit can be sold separately from the physical fuel. The goal is to keep the same reduction from being counted twice. The other project covers Diesel R, Petrobras’ diesel made partly from renewable feedstocks such as vegetable oils or animal fats, and would record the fuel’s production, transportation and use in a single traceable history. That record could support Scope 3 emissions reporting, where the necessary data often sits with suppliers or customers rather than the reporting company itself. Petrobras and the Cardano Foundation have not disclosed a broader rollout timeline or the fuel volumes involved, and both efforts remain at the research stage. The report also noted Cardano’s recent addition to x402 and fresh support for Cardano Native Tokens from Fireblocks, comments that Cardano Foundation CEO Frederik Gregaard linked to rising institutional interest in the network.320
XRP Ledger2026-09-30 05:22:51Brazil’s CSD BR starts mirroring BTG Pactual fund ownership records on XRP LedgerCSD BR, a Brazilian financial-market operator overseeing more than 22 trillion reais, or roughly $4 trillion, in registered assets, has begun recording ownership data for selected BTG Pactual investment funds on the public XRP Ledger. The move does not shift the official books onto blockchain. CSD BR said its existing database remains the legal record for registration, custody and settlement, while the ledger serves as a second, readable copy for approved institutions. The setup is designed to cut the time and cost tied to reconciliation, the process in which banks compare their own records with those of a depository. Under the new model, approved banks and companies can check blockchain records against CSD BR’s database in real time. Ripple and CSD BR said the project starts with live fund records rather than test assets, and uses XRP Ledger’s Multi-Purpose Token standard so CSD BR can still control who may hold or transfer the tokens, and freeze or reverse transactions when required. After testing the mirroring system, the companies plan to explore issuing assets directly on XRPL and enabling approved participants to trade them there. Assets under consideration for later phases include Brazilian real-estate receivables and agribusiness receivables.170
Brazil2026-09-30 05:25:29Brazil’s CSD BR starts mirroring fund ownership records to the XRP LedgerCSD BR, the regulated operator responsible for registration, securities depository, and settlement systems in Brazil’s financial market, has started mirroring ownership records for units of selected investment funds managed by BTG Pactual onto the public XRP Ledger. The move does not shift the official books to blockchain. CSD BR said its existing database remains the authoritative record for registration, custody, and settlement, while the fund units are represented on XRPL in tokenized form. The company manages more than 22 trillion Brazilian reais in registered assets, roughly $4 trillion. The blockchain copy is designed to let approved banks and institutions verify ownership changes in real time instead of relying on after-the-fact reconciliation, while keeping identity screening and regulatory controls in place. Although token transfers on XRPL can be read publicly, CSD BR still controls who is allowed to hold and transfer the tokens. The tokens use the XRP Ledger’s multi-purpose token standard, which allows issuers to restrict participants and, when required by regulators or courts, freeze assets or reverse transactions. Participants must still pass identity and anti-money laundering checks. After gaining experience with the mirroring system, CSD BR and Ripple plan to test direct issuance on XRPL and trading among approved participants, with possible assets including Brazilian real estate receivables and agricultural receivables.160
