‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo

CoinDeskSaturday, November 29, 2025 at 2:00:00 PM
‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo
  • A recent statement from an executive at a Brazil
  • This development is crucial for the crypto firm as it highlights the ongoing tension between regulatory frameworks and the principles of privacy and freedom that underpin the cryptocurrency movement, potentially impacting its operations and advocacy efforts.
  • The situation reflects broader concerns within Brazil's cryptocurrency landscape, where heightened regulatory scrutiny, including stricter tax reporting rules and rising cybersecurity threats, raises questions about the balance between compliance and the preservation of user privacy in an evolving digital economy.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended apps based on your readingExplore all apps
Continue Readings
Stablecoin Taxation Measures Spark Heated Debate in Brazil
NegativeCryptocurrency
Brazil's Ministry of Finance has proposed new taxation measures on stablecoins, igniting a heated debate among lawmakers and the cryptocurrency community. The measures aim to regulate the growing use of stablecoins in the country, which has seen a surge in adoption amid increasing interest in digital currencies.
Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
NeutralCryptocurrency
A new reporting system named DeCripto is set to launch in Brazil in July 2025, aimed at tracking cryptocurrency transactions. This initiative comes as Brazil's tax authority reveals that stablecoins account for 90% of the country's crypto trading volume, highlighting the growing significance of these digital assets in the Brazilian market.
Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador
PositiveCryptocurrency
Crypto payments firm Truther is set to launch a non-custodial USDT Visa card in El Salvador, allowing users to make transactions without preloading funds or relying on custodial services. The card will incur a 2% fee on currency conversions, with Brazilian users exempt from the IOF tax.
Brazil’s Economic Center São Paulo to Pilot Blockchain-Based Microloans for Farmers
PositiveCryptocurrency
São Paulo, Brazil's economic hub, is set to pilot a blockchain-based microloan project for farmers, utilizing a technology developed by Tanssi. This initiative aims to provide reliable and predictable transaction fees, moving away from traditional public blockchains.