CashNews.co Mercado Bitcoin, Brazil’s largest crypto exchange, was licensed as a payment institution by Brazil’s central bank on Friday, Valor Economico newspaper reported. The company is now authorized to operate as a payment institution, under the status of an electronic money issuer. “The central bank’s approval is an important step, as it allows us to […]
Bill Ackman Says X Ban Will Make Brazil an ‘Uninvestable Market’ #NewsBrazil
CashNews.co (Bloomberg) — Hedge fund billionaire Bill Ackman joined critics of a court order to suspend Elon Musk’s X in Brazil, saying the ruling will likely drive away investors and harm the country. Most Read from Bloomberg On Friday, Supreme Court Justice Alexandre de Moraes ordered internet service providers in Brazil to block its users […]
Brazil Judge Bans X as Musk Challenges Top Court’s Orders #NewsBrazil
CashNews.co (Bloomberg) — Brazil’s top court determined the immediate suspension of X in the country after its billionaire owner Elon Musk refused to name a legal representative for the social network in Latin America’s largest nation. Most Read from Bloomberg The banning of the platform formerly known as Twitter caps a months-long feud between Musk […]
Elon Musk threatens a top Brazil judge who moved to block X in the country #NewsBrazil
CashNews.co Elon Musk threatened a top judge in Brazil after the country’s highest court said it could block his social media website, X, if it didn’t appoint a local legal representative by Thursday night. Musk responded to the top court’s ultimatum with a seemingly AI-generated image of a supreme court justice who has been spearheading […]
Musk’s X suspended in Brazil after disinformation row #NewsBrazil
CashNews.co X, formerly Twitter, has been banned in Brazil after failing to meet a deadline set by a Supreme Court judge to name a new legal representative in the country. Alexandre de Moraes ordered the “immediate and complete suspension” of the social media platform until it complies with all court orders and pays existing fines. […]
Brazil’s government to end 2024 within fiscal target tolerance band, finance minister says #NewsBrazil
CashNews.co BRASILIA (Reuters) – Brazil Finance Minister Fernando Haddad said on Friday that the government should close this year within the tolerance band of its fiscal target if Congress approves the compensation for payroll tax waivers. The government’s goal this year is to eliminate the primary deficit, which excludes interest payments, with a tolerance band […]
Brazil judge takes on Musk’s X as ‘fake news’ crusade ramps up #NewsBrazil
CashNews.co By Anthony Boadle BRASILIA (Reuters) – Brazilian judge Alexandre de Moraes’ threats to shut down billionaire Elon Musk’s social media platform X are just the latest chapter in a no-holds-barred crusade against perceived attacks on democracy and the political use of disinformation. “We have a right to defend fundamental rights. Those who violate democracy, […]
X braced for Brazil ban as judge’s deadline passes #NewsBrazil
CashNews.co X, formerly known as Twitter, has said it expects to be blocked in Brazil after failing to meet a deadline to name a new legal representative for the company. The social media network closed its office in the country earlier this month, saying its representative had been threatened with arrest if she did not […]
Bolsonaro supporters break into Brazilian Congress and presidential palace #NewsBrazil
CashNews.co CNN — Brazilian President Luiz Inácio Lula da Silva on Sunday pledged to punish hundreds of supporters of the country’s former leader Jair Bolsonaro after they stormed major government buildings, smashing windows and using furniture to form barricades against security forces. In a news conference, Lula da Silva described events in the capital Brasilia […]
TELEFÔNICA BRASIL S.A. ANNOUNCES THE FILING OF ITS ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2023 #NewsBrazil
CashNews.co SÃO PAULO, Feb. 22, 2024 /PRNewswire/ — Telefônica Brasil S.A. (NYSE: VIV; B3: VIVT3.ON) (the “Company”) hereby announces that on February 22, 2024the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”). The 2023 […]