Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences …
Brazil
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Brazil’s top financial policy body banned some pension funds from investing in cryptocurrencies because they are too risky. The National Monetary Council …
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Finance
Brazil to Push Cryptocurrency as a Priority for International BRICS Trade
by shayaanby shayaanBrazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this …
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Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in …
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Finance
Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil
by shayaanby shayaanAccording to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as …
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World is pausing its operations in Brazil after an appeal to continue collecting citizens’ biometric data failed. The national watchdog ordered the …
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Adoption
Ripple and Unicâmbio Partner to Redefine Cross-Border Payments Between Portugal and Brazil
by shayaanby shayaanRipple, a prominent blockchain-based payment and digital asset network, is excited to announce its strategic partnership with Unicâmbio. The other partner, Unicâmbio, …
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Regulation
Central Bank of Brazil Links Stablecoin Growth to Tax Evasion and Money Laundering
by shayaanby shayaanThe new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. …
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Regulation
Binance becomes first crypto exchange with broker-dealer license in Brazil
by shayaanby shayaanBinance, the largest crypto exchange by trading volume, has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a …
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Regulation
Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
by shayaanby shayaanThe Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial …