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Visa to Develop Brazilian Blockchain-powered CBDC Project
28.4.2023
The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil.
Per the Brazilian media outlet Livecoins, the firm was selected by the Brazilian central bank to “explore” “innovative” on blockchain technology-powered “usage cases” for the prototype...
Brazilian Central Bank: CBDC Designed to Help New Businesses
28.2.2023
The Brazilian Central Bank says that its central bank digital currency (CBDC) – the digital real – is being designed to help now domestic businesses grow. The bank is also looking to tighten the regulations surrounding cryptoassets.
The newspaper O Globo reported that Roberto Campos Neto,...
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
17.12.2022
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with...
Brazil could cement its status as an economic leader thanks to 2024 CBDC move
12.12.2022
Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America
President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality
29.11.2022
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app”...
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 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
Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for
3.6.2022
Some traders lost hope this week after BTC price rejected at $32,400, but many say this level is where they will become buyers
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
17.4.2022
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of...
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
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities
5.3.2022
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects...
Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
4.3.2022
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: Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News
23.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: IMF Warns El Salvador, India's Crypto Soap Opera, Brazil's CBDC Pilot + More News
Economy minister says Brazil will have its own CBDC
5.11.2020
Paulo Guedes said that the Brazilian real will have a digital counterpart and also highlighted the autonomy of the Central Bank
Brazil could have CBDC in two years, says central bank president
4.9.2020
A central bank digital currency in Brazil may be inevitable