Brazil Considers Resuming FinTech Transaction Reporting Requirements Due to Money Laundering Concerns

Brazil’s tax authority is reconsidering the requirement for FinTechs to report transactions based on money laundering evidence. Previously postponed amid public backlash, concerns arise regarding organized crime. Despite the suspension, …

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Paraguay Set to Integrate Cryptocurrency: Awaiting Legislative Approval from El Salvador’s Regulator

Juan Carlos Reyes from El Salvador’s CNAD stated that Paraguay is ready for cryptocurrency integration, pending legislative action. A recent regulatory agreement between Paraguay and El Salvador aims to improve …

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