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Graphic representation of social media justice in Brazil.
Brazil

Social Media Platform X Pays Fine to Resume Services in Brazil

On October 5, 2023, the social media platform 'X,' owned by Elon Musk, paid fines imposed by Brazil's Supreme Court and is preparing to request the restoration of its services in Brazil. This move ...

BlockchainImage illustrating Brazil's integration of DeFi in its CBDC development.

Brazil Integrates DeFi into Synthetic CBDC Development for Economic Innovation

Brazil is advancing its synthetic CBDC, Drex, by incorporating decentralized finance (DeFi) to tackle decentralization, privacy, and programmability challenges. This innovative approach was highlig...

BrazilBrazil Supreme Court ruling against social media X with $5.2 million fine.

Brazil Supreme Court Imposes $5.2 Million Fine on Social Media X

The Brazilian Supreme Court has ordered social media platform X to pay a total fine of $5.2 million before resuming operations. This follows violations of court orders and access during a ban.

BrazilX complies with Brazilian court order in legal case regarding misinformation.

X Complies With Brazilian Court Order Amid Legal Dispute

X's legal team confirms compliance with a Brazilian Supreme Court order to delete accounts spreading misinformation. The platform has met requirements for fines and a new legal representative, but ...