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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
US Seizes $24M in Crypto as Part of Brazilian Probe of $200M Fraud Scheme
4.11.2020
The seizure was made after a request from Brazil for help with a large cryptocurrency fraud scheme
Why Fiats Are Failing in 2020
23.10.2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
23.10.2020
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency....
Brazil is prepping an IPO for its state-run digital bank
20.10.2020
Brazilian Minister defends IPO of federal digital bank created to aid population during pandemic
Agriculture giants team up on blockchain platform to track grains in Brazil
16.10.2020
Two massive companies have teamed to create a blockchain platform to manage the agriculture sector and its first test was in Brazil
Brazil plans to track COVID-19 vaccinations using blockchain tech
24.9.2020
In the midst of a country-wide COVID-19 vaccination effort, Brazil looks to add blockchain-based tracking to the equation
World’s Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech
24.9.2020
JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025
Blockchain tech is helping to reduce the impact of deforestation in Brazil
23.9.2020
The move is intended to prevent “laundering” cattle from sanctioned farms
US Company Accepts Bitcoin Payments for Luxury Planes, as $40M Gulfstream Jet Goes on Sale
16.9.2020
Aviatrade Inc., a New Jersey-based aircraft sales company, is now accepting bitcoin as a means of payment for its range of multi-million dollar luxury jets. Philip Rushton, president of Aviatrade, told news.Bitcoin.com that the first plane available for purchase via cryptocurrency is a six-year-old...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
8.9.2020
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm...
Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022
4.9.2020
Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat.
Per an official release from the Banco Central do Brazil (BCB)...
Brazil could have CBDC in two years, says central bank president
4.9.2020
A central bank digital currency in Brazil may be inevitable
Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022
3.9.2020
Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto
Blockchain technology, financial and self-sovereign digital identities
2.9.2020
Discussing a use case that the Brazilian government started developing last year: a digital identity solution called FinID
Brazil’s central bank examines the benefits of a CBDC
27.8.2020
Brazil’s central bank believes you’ve got to change money, to save money
Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any
25.8.2020
Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history
Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance
24.8.2020
The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days
Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
24.8.2020
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports...
Brazil’s Biggest Crypto Exchanges Agree to Self-Regulate
18.8.2020
Some of Brazil’s biggest crypto exchanges have agreed to create and abide by a new self-regulatory code of conduct, and have collectively vowed to impose know-your-customer (KYC) and other compliance-related protocols.
Per media outlet Criptonoticias, the initiative was launched by the Brazilian...