Brazil Crypto Report

🙌 If you enjoy this content, please consider dropping a like or giving a 5-star rating to BCR wherever you listen to podcasts: YouTube | Spotify | Apple PodcastsOlá pessoal!This week we have Part Two of our two-part conversation with Antonio Neto, former head of FTX for Brazil and Latam, who provides a unique perspective on the exchange's dramatic collapse and Sam Bankman-Fried's recent conviction.Key takeaways and implications:* Regulatory Landscape: FTX was reportedly close to securing special SEC treatment, highlighting the delicate balance between innovation and oversight in crypto markets* Institutional Integration: Prior to collapse, FTX Brazil was in advanced discussions with major banks, indicating growing mainstream financial sector interest* Market Impact: Approximately 20-30,000 Brazilian users were affected, demonstrating significant retail market penetration* Risk Management: The collapse revealed critical gaps in asset segregation practices, prompting industry-wide reassessment* Corporate Governance: The lack of clear organizational structure and risk management protocols inside FTX proved fatal* Antonio lost significant personal assets in FTX's collapse and had to pay hefty WeWork contract terminations out of pocket* Antonio’s experiences working out of the FTX Bahamas compound* Antonio believes SBF's 25-year sentence was too lenient given the scale of damage to the crypto industryPost-FTX, Antonio has focused on building Vega Crypto, which helps international companies enter Brazil's crypto market. He's also leading Ethereum Brasil and working to build the country’s Web3 builder community while expanding its profile internationally. I really enjoyed hearing about Antonio’s experiences and first-hand view of one of the pivotal events in crypto’s history. I hope you find it valuable as well. Have a great weekend everyone!-AWS🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byPowered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents.One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development.Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

Olá pessoal!For today’s episode I’m joined by FTX’s former Head of Brazil and Latin America Antonio Neto to talk about the collapse of the cryptocurrency exchange and its larger-than-life founder Sam Bankman-Fried.In this conversation, Antonio shares publicly for the first time about his experience witnessing the dramatic collapse of one of crypto's most prominent exchanges firsthand. As employee #52, he discusses FTX's final days and shares his personal experience navigating one of the industry's most significant failures.The conversation offers rare insights into FTX's internal culture, the warning signs that were missed, and the chaotic sequence of events that led to its downfall. Antonio, who lost much of his personal wealth in the collapse, shares his perspective on why the bankruptcy happened so quickly and reflects on the complex relationships between FTX, Alameda Research, and key stakeholders.🙌 If you enjoy this content, please consider dropping a like or giving a 5-star rating to BCR wherever you listen to podcasts: YouTube | Spotify | Apple PodcastsKey Highlights:* FTX's unique culture attracted many crypto OGs and experienced professionals, despite lacking traditional corporate structure* The company's meteoric rise during the pandemic was fueled by a small, dedicated team working 12-14 hour days* Internal warning signs were often dismissed as "features, not bugs" of a fast-moving startup* The relationship between FTX and Alameda Research was more complex than publicly known* The bankruptcy declaration came surprisingly quickly, possibly driven by employees with traditional finance backgrounds looking to protect their future reputationsImportant Takeaways:* The importance of proper corporate governance and board oversight in crypto companies* How the "move fast and break things" mentality can mask serious structural issues* The dangers of concentrated power in crypto organizations* Why proper segregation of assets is crucial for exchanges* The impact of personal relationships on business decisions in cryptoAntonio's story serves as both a cautionary tale and a valuable lesson for the crypto industry. His decision to focus on moving forward rather than dwelling on losses offers an interesting perspective on resilience in the face of catastrophic failure.The episode provides a fascinating glimpse into one of crypto's most dramatic moments, told by someone who lived through it. Be sure to check back in next week for Part 2 of this conversation. Have a great weekend everyone!-AWS🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byPowered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents.One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development.Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

Olá pessoal!For our first episode of 2025, I’m joined by Hathor Network co-founders Marcelo Brogliato and Yan Martins to discuss their ecosystem and ambitious plans for 2025. As Hathor approaches its 5-year mainnet anniversary, the project stands out for its novel hybrid DAG-blockchain architecture and its focus on real-world asset tokenization and other features. They have a lot of exciting new features and community initiatives for 2025, so I definitely recommend keeping an eye on this project. If you want more background on Hathor, I recommend checking out this interview I did with Yan at Web Summit Rio 2024. 🙌 If you enjoy this content, please consider dropping a like or giving a 5-star rating to BCR wherever you listen to podcasts: YouTube | Spotify | Apple Podcasts Key Highlights of this Episode* Introduction of "nanocontracts" - Python-based smart contracts designed to lower the barrier to entry for non-blockchain developers* Implementation of an anti-MEV mechanism to create fairer trading conditions* Development of a "blueprint" system that allows developers to monetize their smart contract code* Integration with MetaMask through Snaps and upcoming EVM bridge deployment* Launch of a comprehensive grants program to accelerate ecosystem growthThe conversation reveals how Hathor has quietly built significant traction in the RWA space, notably facilitating Latin America's largest precatory note tokenization to date. While many projects are just beginning to explore RWA opportunities, Hathor has been focusing on this sector since 2018, working closely with Brazilian regulators and financial institutions.Technical Innovation: * Hathor's hybrid architecture addresses the blockchain trilemma through a unique approach that combines DAG-based transaction processing with traditional blockchain security. * Their upcoming nanocontracts platform aims to revolutionize smart contract development by allowing developers to write contracts in Python rather than specialized languages like Solidity.2025 Strategic Focus: * The team is expanding beyond their RWA roots to embrace DeFi and Web3 applications, while maintaining their commitment to accessibility and security. * The introduction of partially signed transactions and anti-MEV mechanisms positions Hathor as a compelling alternative for DeFi developers seeking a more equitable trading environment.Ecosystem Development: * With MetaMask integration, EVM compatibility, and a new grants program, Hathor is laying the groundwork for significant ecosystem expansion in 2025. * Their blueprint system introduces an innovative way for developers to monetize their code, potentially creating new incentive structures for blockchain development.This episode provides a great look into how a Latin American blockchain project is innovating beyond the standard Layer 1 playbook, focusing on real-world adoption while building developer-friendly infrastructure. Specifically, I enjoyed hearing the story of how Hathor emerged from Marcelo’s Ph.D work and his novel vision for creating a scalable blockchain network. Have a great weekend everyone!-AWS🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byPowered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents.One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development.Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!David Lawant is Head of Research at FalconX, an institutional prime brokerage in the US. He joins for a great discussion about crypto market liquidity and institutional adoption trends. With previous roles at Bitwise Asset Management and Hashdex, and equity research experience at Itau and JPMorgan prior to that David brings a unique perspective bridging both US and Brazilian crypto markets.As one of the largest crypto prime brokers, FalconX serves as a crucial infrastructure provider for institutional players entering the space - from crypto-native hedge funds to traditional banks and ETF issuers. David's role involves analyzing market trends and helping institutional clients navigate the evolving crypto landscape.Key Market Insights:* Bitcoin spot trading volumes exploded from $10-12 billion daily pre-election to over $25 billion by mid-December, with several days exceeding $40 billion. This represents a 2-4x increase in market depth* Despite the price surge from $60-70K to $90-100K, order books have remained surprisingly tight, creating heightened price sensitivity to news and market sentiment.* Current market conditions mirror the October 2020 anticipation phase, suggesting we could be at the start of another significant market cycle* Bitcoin options open interest has reached $30 billion, matching what futures markets achieved just months ago🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.David and I also spend some time comparing institutional adoption across the US and Brazilian markets.* While US markets show broader institutional adoption across different types of funds, Brazilian banks are actually ahead in providing direct crypto access to clients* Brazil's Central Bank's progressive stance has enabled major financial institutions to offer integrated crypto services - something still rare in the US market* Traditional financial advisors remain an untapped market in both countries, though ETF launches are helping bridge this gapLooking ahead to 2025, David is particularly excited about several trends, including the potential for crypto index ETFs, the continued maturation of the derivatives market, and the emerging Bitcoin Layer 2 ecosystem.David brings incredible insights into institutional crypto trends, liquidity and market structure, and how major financial players are approaching this space. I really enjoyed this conversation and I hope you do as well. You can connect with David on Linkedin.Have a great weekend everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackPowered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents.One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development.Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!For today’s interview I’m joined by Guilherme Nazar, who is Binance’s regional vice president for Brazil and the broader Latin America region. We discuss how Binance is positioning itself in key Latam markets while engaging with evolving regulatory frameworks.Key Takeaways:* Brazil's crypto market remains predominantly retail-driven, with users showing strong engagement in products like copy trading and earn features. The market exhibits unique characteristics including high mobile penetration and technological adaptability, though institutional adoption is still developing* Binance’s regulatory engagement is intensifying across the region, including the with the public consultations issued by Brazil's Central Bank* The exchange brings experience from ~20 different jurisdictions globally where it now holds licenses, emphasizing the importance of maintaining global liquidity while adapting to local requirements* Binance’s leadership transition away from Changpeng Zhao to new CEO Richard Teng has been successful and the platform has maintained strong user growth globally — with a total of 240 million registered at the end of 2024* Different LATAM markets show distinct adoption patterns: Brazil focuses on trading and investment, Mexico emphasizes remittances, and Argentina shows higher adoption rates driven by store-of-value use cases🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.Looking Ahead to 2025The coming year appears pivotal for crypto adoption in Latin America. Guilherme highlighted several key developments to watch:* The institutional segment is showing early signs of growth, with volumes increasing significantly year-over-year. As regulatory frameworks mature, particularly in Brazil, this trend is expected to accelerate.* Binance Pay is emerging as a strategic product for the region, with the exchange working to expand merchant adoption across major markets.* The exchange plans to maintain its market-leading position through continued focus on user security, education, and platform development — while adapting to local market needs and regulatory requirements.As Latin America's crypto ecosystem matures, the region is increasingly drawing global attention as an adoption hub. With major regulatory developments expected and institutional interest growing, 2025 could mark a significant evolution in the region's crypto landscape. Binance's deep engagement across major LATAM markets positions it to play a central role in this transformation, particularly as regulatory frameworks solidify and institutional participation expands.You can connect with Gui on LinkedinHave a great weekend everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackPowered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents.One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development.Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!Today’s interview is with former Binance executive and current Coins CEO Wei Zhou. Coins is an OG crypto exchange that originated in the Philippines in 2014. We discuss Wei’s recent acquisition of the platform and his push to expand it into emerging markets globally, including Brazil and Latin America. Key Takeaways:* Coins.ph has successfully transformed from a regional Filipino exchange into a global platform, now processing $15-20 million daily in stablecoin-to-peso trading* The Coins’ global expansion strategy focuses on emerging markets rather than traditional financial centers, targeting regions with similar banking infrastructure and user behavior patterns* Zhou emphasizes the importance of moving beyond simple token listings to creating genuine partnerships with blockchain projects and fostering real community engagement* The platform aims to reduce costs for users by improving fiat on/off ramps and developing innovative local currency solutionsZhou brings a unique perspective to cryptocurrency adoption, drawing from his experience as Binance's former CFO and his role in developing their Launchpad product. He also IPO-ed several companies in the US during his TradFi days. He argues that the industry needs to shift focus from financial inclusion – which he considers largely solved through widespread mobile wallet adoption – to financial empowerment."The real freedom of money isn't just about speculation or mobility," Zhou explains. "It's about the internet taking over financial services the same way it transformed commerce and information sharing – lowering costs, increasing speed, and expanding access."🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.Powered by hydroelectric energy from the ITAIPU Dam, Morphware provides high-performance compute to run, train, and build your AI apps and agents. One of the greatest expenses when it comes to building AI applications is the compute. Morphware provides a gateway to accessible compute for AI development. Using abundant clean energy from Paraguay, NVIDIA’s highest performing GPU servers, and bitcoin mining infrastructure Morphware offers some of the most competitive prices for compute in the industry.Follow on X @Morphwareai and join the Telegram to be a part of the communityOur discussion also touches on regulatory developments, with Wei sharing insights on how different jurisdictions approach crypto regulation. He emphasizes the importance of working within regulatory frameworks while maintaining innovation, particularly in emerging markets where cryptocurrency can have the most significant impact.Looking ahead, Coins plans to launch services in Brazil, focusing on building local partnerships and creating real-world use cases for crypto. The platform aims to differentiate itself through deeper integration with local financial systems and a commitment to community engagement.This episode offers good insights for anyone interested in crypto in emerging markets and the evolving relationship between traditional finance and digital assets. You can connect with Wei on X/Twitter and LinkedinHave a great weekend everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!Brazil’s Central Bank released a controversial proposed rule last week calling for a prohibition on stablecoins being used in self-custodied wallets. This is an extremely important development with lots of implications for crypto markets, operators and users in Brazil. To help us understand this proposal, I spoke with Rodrigo Caldas de Carvalho Borges, a partner at Carvalho Borges Araujo Advogados in Sao Paulo. 🔑 Key Takeaways* The Central Bank of Brazil is proposing a ban on self-custody of stablecoins like USDT. This would limit transfers to only licensed exchanges and service providers* Crypto would be regulated in the same manner as foreign exchange transactions. These transactions would need to flow through regulated channels, creating a more controlled environment for cross-border transfers* The proposal could significantly impact how international transactions are monitored and regulated within Brazil's crypto ecosystem* The Central Bank wants greater visibility into the volume of US dollar-pegged stablecoins that are leaving the country, particularly with the Brazilian real at an all-time low. The proposed rule could fundamentally alter how Brazilians access and use not just stablecoins, but crypto assets of every type, and it could set a precendent for how other emerging markets approach stablecoin regulation. The requirement for exchanges to implement wallet whitelisting would create new compliance challenges and could reshape how international transactions are conducted.🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Their experienced team will walk you through the complexities and nuances of Web3-native design and branding — helping you to grow faster, gain credibility and build brand awareness.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.The implementation of these rules would create a closed ecosystem where stablecoin transactions can only occur within a network of regulated entities. This means users would no longer be able to freely transfer stablecoins to private wallets or engage in peer-to-peer transactions outside of regulated platforms.While the industry is still trying to process exactly what the implications of this would be, there are concerns that this would limit financial innovation, create operational and compliance burdens for service providers, and potentially push users towards unregulated entities. The Central Bank’s comment window for this rule is open until the end of February. You can connect with Rodrigo on Linkedin. Have a great weekend everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!Today Aaron is joined by veteran crypto analyst Noelle Acheson to examine this pivotal moment where bitcoin is rapidly intersecting with traditional finance and policy.Noelle is the author of the Crypto is Macro Now newsletter and one of the leading experts at the intersection of crypto and the global macroeconomy. She previously ran the research divisions at CoinDesk and Genesis Trading, and has a rich background in corporate finance prior to joining crypto.She is one of the brightest minds out there at articulating the value of bitcoin and crypto in the context of institutional investors and global macroeconomic shifts. Key themes from this episode: * The impacts of a pro-crypto administration in the US, including the potential creation of a dedicated crypto regulatory “czar” position and talk of a Strategic Bitcoin Reserve, on market sentiment* The evolution of bitcoin as a multi-narrative asset: store of value, risk asset, and technological innovation platform* MicroStrategy's innovative financial engineering to massively increase its bitcoin holdings through zero-coupon convertible debt issuance* Growing institutional interest in bitcoin for corporate treasury management and national reserves* Global monetary policy shifts, particularly around defense spending, driving potential currency debasement🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Their experienced team will walk you through the complexities and nuances of Web3-native design and branding — helping you to grow faster, gain credibility and build brand awareness.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.We also explore bitcoin in the context of the global monetary policy environment. Noelle argues that rising global defense spending, particularly in Europe and the U.S., could drive increased government debt issuance. This dynamic, coupled with potential declining foreign interest in government bonds, may lead to monetary expansion— thus strengthening the case for bitcoin as a hard asset.We also touch on innovations like CBDCs, stablecoins and tokenization as crucial developments for long-term adoption and integration with TradFi systems. For institutional stakeholders, these developments suggest an accelerating mainstreaming of crypto assets, with regulatory clarity and new financial products unlocking new opportunities for portfolio diversification and treasury management.I really enjoyed this conversation with Noelle and I hope you do as well.You can connect with Noelle on X/Twitter and Linkedin. Have a great weekend everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!Today Aaron talks to Emin Gün Sirer — CEO of Ava Labs, a former computer science professor at Cornell University and the mastermind behind the Avalanche blockchain. We discuss how Avalanche's deployment of subnets offers an alternative to the ongoing modular versus monolithic debate, recent successes on the gaming and tokenization fronts, and the Avalanche community’s strategic focus on emerging markets — evidenced by its recent summit in Buenos Aires. We also talk about Gün’s front-row seat involvement in crypto dating back to the early days of bitcoin, the 2016 DAO hack and now deploying his own alternative Layer 1 chain. Highlights from this conversation: * Of Turkish background, Gün articulates expertly the value proposition that crypto and blockchain systems offer for emerging market economies that struggle with inflation* Avalanche's customizable blockchain framework allows enterprises to create purpose-built chains for specific use cases, from gaming to financial services* This subnet architecture enables chains to adapt to different jurisdictional requirements, making it suitable for both regulated institutions and innovative startups alike* Breakthroughs in Gaming: Off The Grid, a battle royale game on Avalanche, has attracted over 7 million users and demonstrated successful blockchain integration while delivering great user experience* Avalanche 9000: The new protocol upgrade reduces entry barriers for validators, allowing chains to start with minimal stake and use their own tokens for staking* Enterprise Partnerships: Avalanche has seen notable progress in bringing traditional assets on-chain using Avalanche subnets, including BlackRock funds and California DMV vehicle titles. The team has also forged major partnerships with JPMorgan, Franklin Templeton and other financial institutions🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇Brazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Their experienced team will walk you through the complexities and nuances of Web3-native design and branding — helping you to grow faster, gain credibility and build brand awareness.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.This conversation highlights Avalanche's positioning as a serious contender as a Layer 1 blockchain space, particularly in emerging markets where its scalable, customizable architecture addresses both technical and regulatory requirements. For enterprises, games or degen activity, Avalanche's subnet model offers a flexible framework that can accommodate various use cases while maintaining regulatory compliance.I really enjoyed this conversation with Gün and I hope you do as well. You can follow him on X/Twitter and Linkedin. Have a great day everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackRecent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe

🎧 Listen: Spotify | Apple Podcasts | Anchor | Amazon | YouTubeOlá pessoal!Today’s interview is with another legal expert exploring new developments on the regulatory front in Brazil. Tatiana Guazzelli is a partner at Pinheiro Neto Advogados, which is one of Brazil’s largest and most prominent law firms and represents some of the top crypto companies operating in the country. Tatiana provides important perspective on the many simultaneous movements happening with regard to crypto regulation in the country.These developments include:* The Central Bank’s proposed VASP licensing structure, which includes a three-tiered licensing system for crypto service providers: intermediaries, custodians, and brokers* Asset segregation legislation advancing through Congress that would enable the Central Bank to require exchanges to separate customer assets as part of its licensing regime* The Receita Federal is overhauling its tax reporting requirements for crypto assets* The CVM is expected to issue a public consultation regarding rules for tokenized securities offerings* The Central Bank will a separate public consultation in 2025 focused on stablecoin regulation🙌 🇧🇷Brazil Crypto Report is a free publication; if you wish to support us you can do so by hitting the button below👇These regulatory movements are a positive sign that Brazil is committed to balancing innovation with consumer protection. Key implementation challenges remain, however, such as enforcement of asset segregation rules, transition periods (and criteria) for grandfathering existing operators into the Central Bank’s licensing regime, and coordination among different regulatory bodies. Tatiana reckons that the Central Bank will release its VASP licensing framework by mid-2025, with a 2-3 year processing period for granting licenses.For companies looking to enter the Brazilian market, early positioning and engagement with the regulatory process could be advantageous.I found this conversation with Tatiana to be super insightful and I hope you do as well. You can connect with her on Linkedin.Have a great day everyone!-AWSConnect with 🇧🇷Brazil Crypto Report across the web: Twitter | Linkedin | YouTube | Instagram | Spotify | Apple Podcasts | SubstackBrazil Crypto Report is presented byLIT Collective is the ultimate creative and design studio for Web3 companies.Based in Brazil and serving the globe, they’ve helped more than 100 brands with user-centric branding, UX/UI design, motion, Webflow development and other creative needs.Their experienced team will walk you through the complexities and nuances of Web3-native design and branding — helping you to grow faster, gain credibility and build brand awareness.Check out their website, follow them on X/Twitter and Instagram, and book a free consultation to learn about how LIT Collective can help you with your creative needs.Recent Episodes Get full access to Brazil Crypto Report at newsletter.brazilcrypto.io/subscribe