Category: South America

As of 2023, Peru’s approach to cryptocurrency regulation was marked by an absence of specific legislation or rules governing the crypto-asset market. The country’s regulatory environment for cryptocurrencies and related platforms was undeveloped, with no concrete legal framework addressing this emerging sector. Lack of Specific Cryptocurrency Regulation Peru had...

As of the period leading up to 2023, Brazil presented a complex landscape regarding the regulation of cryptocurrencies. This environment was shaped by a combination of legislative action, regulatory agency guidance, and overarching legal principles that governed digital assets. General Regulatory Environment: Before specific regulations were introduced, the Brazilian...