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Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
7.6.2022
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country...
Brazilian Crypto Exchange Foxbit Forced to Pay Customer in ‘Lost’ Ethereum Claim
7.6.2022
A court in Brazil has ordered the domestic crypto exchange Foxbit and another crypto-related firm to “reimburse” customer who “lost” almost USD 3,000 worth of ethereum (ETH) in a transfer in February 2020....
Read More: Brazilian Crypto Exchange Foxbit Forced to Pay Customer in ‘Lost’ Ethereum...
Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
6.6.2022
São Paulo FC, one of the biggest clubs in both Brazil and the world football, has made history by becoming the first Brazilian team to accept bitcoin (BTC) and altcoin payment for match tickets....
Read More: Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto
Brazilian central banker describes how CBDC system can halt bank runs
3.6.2022
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run
Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees
3.6.2022
2TM, the holding company for Mercado Bitcoin, Brazil's largest crypto exchange by market valuation, laid off over 80 employees on Wednesday
Brazilian Development Bank Launches Blockchain Network
1.6.2022
The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also assisted by the Court of Accounts of the Union, serves to call more institutions...
10 Brazilian Business Giants That Have Taken the Bitcoin, Crypto Plunge
30.5.2022
Crypto adoption is on the march in Brazil – where the government has all but incentivized mining by waiving tax duty on mining rig imports.
And after a major property developer revealed that it will begin accepting bitcoin (BTC) pay for new apartments (see below), the Brazilian media outlet...
Brazilian university USP will conduct academic research in the metaverse
27.5.2022
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
24.5.2022
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval
Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months
16.5.2022
The firm is building an infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
16.5.2022
Chief financial officer André Milanez said that the product will launch within the next 6 months
Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks + More News
4.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks...
Brazilian Senate Approves Cryptocurrency Law Project
30.4.2022
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair Bolsonaro to be approved as law. The project presented is...
Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions
27.4.2022
The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch
Brazilian Crypto Asset Manager Hashdex Approved to List ETPs in Switzerland
25.4.2022
Hashdex, a Brazilian crypto asset manager, has been approved to list exchange-traded products (ETPs) on the SIX stock exchange in Switzerland
Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
20.4.2022
The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership, established through a memorandum of understanding...
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
16.4.2022
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their...
Brazilian Parliament Heading for Key Vote on Crypto Regulation Bill
15.4.2022
An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week....
Read More: Brazilian Parliament Heading for Key Vote on Crypto...
Brazilian Senate announces incoming approval of the ‘Bitcoin law’
13.4.2022
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market
Brazilian central bank president confirms CBDC pilot will launch in 2022
12.4.2022
The sovereign national digital currency will be based on national fiat and would have a fixed supply quite similar to Bitcoin