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Central Bank of Brazil: CBDC Privacy Problem Still Unresolved


In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of the anonymity and privacy solutions tested met the project’s needs. Central Bank of Brazil Still in Search of Privacy Solution for CBDC The pilot of...

Latam Insights: Brazil Embraces XRP ETF, Tether to Acquire Adecoagro


Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Brazil approves the first XRP ETF, Tether presents an offer to acquire a majority stake in Adecoagro, and President Milei denies wrongdoing...

Brazil Leapfrogs US Greenlighting First XRP ETF


The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational phase, highlights the openness of the Brazilian market to these options. Brazil Approves World’s First XRP ETF The Brazilian...

Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies


Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President Donald Trump about challenging the U.S....

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