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Nalezeno "Brazil": 861

Brazilian Unicorn Nubank Hires Ex-Meta Crypto Chief David Lucas

9.3.2023
Brazilian neobank Nubank, known for its crypto-friendly stance, has made headlines by hiring David Marcus, the former crypto chief at Meta (formerly Facebook), while simultaneously seeing a key member of its management team step down. The move comes hot on the heels of the bank's release of its...

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

4.3.2023
A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states...

Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin

4.3.2023
Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network, will be issued to its customers...

Brazilian Regulator Says New Crypto Laws Coming – Here’s What to Expect

3.3.2023
The head of the Brazilian financial markets regulator says the body will roll out a “decree” in “the next few days” that will allow government-appointed bodies to better police the sector. Per the newspaper O Globo, João Pedro Nascimento, the President of the Securities and Exchange Commission...

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,...

Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules

18.2.2023
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...

Central Bank of Brazil President States Digital Real Pilot Is Imminent

17.2.2023
The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the status of the development of the Brazilian central bank digital currency (CBDC), the digital real. Campos Neto stated that the pilot test will start now and that banks will have to digitize more of their balances...

Brazilians Will Be Able to Pay Taxes With Crypto

13.2.2023
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...

Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt

8.2.2023
Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy. The firm was at the heart of a major police operation back in May 2019. The police dubbed their operation Operation Egypt and worked in conjunction with the nation’s tax agency...

Brazil to Grant Prosecutors, Police New Crypto Confiscation Powers

6.2.2023
The Brazilian government looks set to grant the nation’s prosecutors, courts, and police officers new powers to confiscate crypto. According to an official release from the Attorney General, the nation’s Federal Public Ministry (MPF) has prepared a draft crypto “guide” for prosecutors and...

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