{"id":73679,"date":"2026-06-07T08:23:43","date_gmt":"2026-06-07T08:23:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/the-us-claims-pix-restricts-trade-plus-chiles-massive-88m-crypto-takedown\/"},"modified":"2026-06-07T08:23:43","modified_gmt":"2026-06-07T08:23:43","slug":"the-us-claims-pix-restricts-trade-plus-chiles-massive-88m-crypto-takedown","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/the-us-claims-pix-restricts-trade-plus-chiles-massive-88m-crypto-takedown\/","title":{"rendered":"The US Claims Pix Restricts Trade, Plus Chile&#8217;s Massive $88M Crypto Takedown"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The USTR targeted Pix under Section 301, stressing that it hurts U.S. commerce to impose trade sanctions on Brazil.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Chile caught 18 Tren de Aragua-linked crypto money launderers, estimated to have processed $88M.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether-backed Adecoagro is building a sugarcane bitcoin farm to drive green mining in Brazil.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>US Targets Brazil\u2019s Pix: Trade Report Claims Instant Payment System Restricts American Commerce<\/h2>\n<p>Pix, Brazil\u2019s flagship instant payment system, has returned to the spotlight after being mentioned in the recent <a href=\"https:\/\/ustr.gov\/about\/policy-offices\/press-office\/press-releases\/2026\/june\/ustr-section-301-determination-brazils-unreasonable-acts-policies-and-practices\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a> from the Office of the U.S. Trade Representative (USTR).<\/p>\n<p>The report <a href=\"https:\/\/news.bitcoin.com\/us-targets-brazils-pix-trade-report-claims-instant-payment-system-restricts-american-commerce\/\">determined<\/a> that, alongside other alleged causes, including preferential tariffs, anti-corruption enforcement, intellectual property protection, ethanol market access, and illegal deforestation, Pix burdens or restricts U.S. commerce, and the policies behind its establishment are <strong>\u201cactionable under Section 301(b) of the Trade Act.\u201d<\/strong><\/p>\n<p>On the <strong>\u201cNotice of Determination and Request for Comments Concerning Action Pursuant to <\/strong><strong>Section 301,\u201d<\/strong> the USTR claims that <strong>\u201cthe acts, policies, and practices of Brazil related to its preferential treatment of Pix are a burden or restriction on U.S. commerce by imposing costs on U.S. services providers and by forcing U.S. providers to promote their Brazilian competitor, without compensation.\u201d<\/strong><\/p>\n<p><\/p>\n<h2>Chile Busts $88 Million <span>Crypto<\/span> Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel<\/h2>\n<p>A two-year investigation has resulted in the arrest of 18 individuals who operated a scheme that included <span>crypto<\/span> assets to <a href=\"https:\/\/news.bitcoin.com\/chile-busts-88-million-crypto-laundering-ring-tied-to-the-sanctioned-tren-de-aragua-cartel\/\">launder<\/a> the proceeds of illicit activities or the Venezuelan Tren de Aragua gang in Chile.<\/p>\n<p>The operation, executed on Tuesday by the Chilean police and the Southern Prosecutor\u2019s Office, was carried out in three regions of the country and uncovered a complex network of bank accounts, irregular companies, and <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> remittances.<\/p>\n<p>Juan Carlos P\u00e9rez Asencio, a Venezuelan national who served as Banco Santander\u2019s recovery executive since 2019, played an important role in providing the group\u2019s tools to effectively carry out its operation.<\/p>\n<h2>Sugarcane-Powered <span>Bitcoin<\/span> Mine to Launch in Brazil With Tether Backing<\/h2>\n<p>Adecoagro, one of the largest agricultural companies in Latam, has <a href=\"https:\/\/news.bitcoin.com\/sugarcane-powered-bitcoin-mine-to-launch-in-brazil-with-tether-backing\/\">announced<\/a> a new project that seeks to combine one of its trademark crops with the rise of the data center wave. The company, which manages over 500k hectares of land in Brazil, Argentina, and other countries in Latam, is launching a project to power a <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-bitcoin-mining\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin mining<\/a> farm with energy obtained from sugarcane.<\/p>\n<p>According to local media, Matheus Lechuga, project manager at Adecoagro, presented this initiative as part of the \u201cRoots of the Future\u201d agenda, demonstrating the company\u2019s future operations in Mato Grosso do Sul.<\/p>\n<p>He stated:<\/p>\n<p><strong>\u201cOur data center project aims to validate our entire structure and try to apply new technological developments. Today, the project focuses on a structure geared towards <span>Bitcoin mining<\/span>, using clean energy from sugarcane.\u201d<\/strong><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/latam-insights-the-us-claims-pix-restricts-trade-plus-chiles-massive-88m-crypto-takedown\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The USTR targeted Pix under Section 301, stressing that it hurts U.S. commerce to impose trade sanctions on Brazil. Chile caught 18 Tren de Aragua-linked crypto money launderers, estimated to have processed $88M. Tether-backed Adecoagro is building a sugarcane bitcoin farm to drive green mining in [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":73680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73679"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73679"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73680"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}