Brazil

Petrobras is testing the Cardano blockchain in research projects tied to sustainable aviation fuel and its partly renewable Diesel R. The work focuses on emissions-benefit traceability, double-counting prevention and fuel data records across production, transport and use.

CSD BR is recording ownership of selected BTG Pactual investment funds on the public XRP Ledger while retaining its existing database as the official system for registration, custody and settlement. The move gives approved institutions a real-time blockchain copy for verification, with future tests expected to explore direct issuance and trading of assets on XRPL.

Coffee Arabica ended the week near the $292.00 area after a decisive break below $300.00 kept bearish momentum in control. Traders are now watching Brazil crop flows, El Niño uncertainty, shipping constraints and a speculative weekly range between $279.00 and $314.00.

Arabica coffee is hovering near a closely watched breakout zone as delayed harvesting and exceptionally low inventories keep near-term supply concerns alive. Yet forecasts for record Brazil and global coffee output in 2026/27 leave buyers facing a major risk once delayed beans reach the market.

Itaú Unibanco is working with OpenAssets on an ANBIMA-led pilot testing tokenized fixed-income securities and investment funds. The move adds the weight of Latin America’s largest bank by assets to Brazil’s expanding push to bring traditional financial assets onto blockchain rails.

Farmers in Paraná, Brazil, tokenized 10 dairy cows on the B3 stock exchange to raise nearly $20,000 in credit at a time of tighter bank lending. The Cowmed-led project uses AI-powered collars to monitor health, behavior, and location, creating digital identities that help prevent fraud and double-pledging.

The United States is preparing a 25% Section 301 tariff on most Brazilian goods from July 22, citing Brazil’s Pix instant-payment system as an unfair trade barrier. The dispute lands as dollar-linked stablecoins already account for about 90% of Brazil’s crypto transaction volume, complicating the debate over dollar influence in digital payments.

Coinbase sent users an AI-generated breaking news alert claiming Norway had beaten Brazil before the World Cup match had started. The company said it fixed the inaccurate story and made updates aimed at preventing similar AI errors.

Brazil’s central bank unveils sweeping new crypto regulations, requiring licenses, reporting of international transactions, and capital levels up to $7 million for firms.