Brazil

A Brazilian lawmaker has offered a measure that aims to establish a bitcoin reserve for the nation.A Brazilian lawmaker has introduced a measure that aims to diversify the nation's financial assets by establishing a bitcoin reserve.…
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Circle, an issuer of USDC, has announced a broad expansion into Brazil as a result of several agreements.Digital banking platform Nubank is one of the prominent Brazilian companies that Circle, an issuer of USDC, has partnered with in…
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The CBDC pilot in Brazil allows users to freeze and unfreeze wallets, as well as transfer, mint, and burn cryptocurrency.This past week, Banco Central do Brasil made the CBDC source code available for public review and scrutiny on…
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This will be accomplished via a collaboration with Bitfy, a company that specializes in blockchain-based solutions.According to a statement released by the bank on Friday, Banco do Brasil (BB), the biggest public bank in Brazil, has…
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Brian Armstrong, co-founder and CEO of Coinbase, recently remarked on a Financial Times (FT) article regarding Brazil and Argentina beginning "preparations for a shared currency."As you may be aware, on 5 June 2021, Zap Solutions (a…
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Brazil's Senate and Chamber of Deputies have just enacted a measure regulating the crypto business, which President Jair Bolsonaro has now signed into law.The measure, which was passed into law on Thursday, will take effect in 180…
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The Brazilian tax office disclosed in August that over 12,000 businesses had crypto holdings, the highest number ever.As of August, the number of Brazilian corporations holding bitcoin has hit new record highs due to a rise in…
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In Brazil, the Latin American e-commerce giant Mercado Libre has launched its Mercado Coin cryptocurrency.The move is the latest in a string of optimistic crypto-related initiatives by the corporation, which is sometimes referred to as…
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While seeing the current trend of adoption of cryptocurrency as a legal tender Brazil being the 9th largest economy comes forward with a crypto bill to make bitcoin as its legal tender.
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One of the biggest financial firm in Brazil launches its own crypto trading application, and it also further plans to teach new people about this new asset class.
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