[Feb 27, 2023 6:30 AM] A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network…
[Feb 22, 2023 7:00 AM] Brazil and Argentina are considering a common trading currency, but that would just perpetuate the economic problems that Bitcoin could solve.This is an opinion editorial by Jack Williams, an undergraduate business administration student and…
[Feb 18, 2023 3:00 AM] 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…
[Feb 17, 2023 9:54 PM] The Brazilian government is set to issue a decree that modifies some of the rules established in the Bitcoin Law approved in November 2022 by former president Jair Bolsonaro. This move comes in line with recent developments taken by President Lula…
[Feb 12, 2023 12:17 AM] The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding "access" to the digital asset ecosystem.
[Feb 6, 2023 6:30 AM] Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about…
[Feb 1, 2023 3:30 AM] Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and…
[Jan 31, 2023 12:09 PM] Brazil’s Luiz Inácio Lula da Silva and Argentina’s Alberto Fernández want to create a “common currency.” It sounds suspiciously like a state-controlled cryptocurrency.
[Jan 31, 2023 6:30 AM] The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino…
[Jan 30, 2023 12:29 PM] The new bitcoin and crypto-backed prepaid Binance Card is coming to Brazil, one of the exchange’s largest markets.Mastercard and Binance have announced the launch of a bitcoin and crypto backed prepaid card in Brazil, Latin America's largest…
[Jan 28, 2023 5:30 AM] The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in this field, but the city has not defined the…
[Jan 25, 2023 6:30 AM] President of Brazil Luis Inacio Lula Da Silva clarified the scope and reach of the common currency that Brazil and Argentina are studying to issue in Latam. Lula Da Silva clarified that he believed this currency would be used to settle cross-border…
[Jan 25, 2023 1:30 AM] Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on by Argentina and Brazil. Musk stated that this move would be “probably a…
[Jan 24, 2023 5:00 AM] Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration…
[Jan 19, 2023 9:30 AM] After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi…
[Jan 16, 2023 6:30 AM] Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2…
[Jan 1, 2022 3:14 PM] Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
[Dec 26, 2022 4:30 AM] The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the…
[Dec 23, 2022 5:00 AM] President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed, will begin to be applied 180…
[Dec 22, 2022 11:43 AM] The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.
[Dec 22, 2022 8:00 AM] Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023.
[Dec 22, 2022 5:56 AM] Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment.Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for…
[Dec 16, 2022 10:30 PM] 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…
[Dec 15, 2022 4:45 PM] The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.
[Dec 12, 2022 4:41 PM] 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.
[Dec 6, 2022 3:00 AM] The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2.
[Dec 5, 2022 8:22 AM] The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.
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