Brazil’s largest bank is not waiting for global regulatory clarity before advancing into tokenized finance. Itaú Unibanco is now working with tokenization …
Brazils
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Markets
Brazil’s securities regulator sets up task force with 60-day deadline for tokenization proposal
by shayaanby shayaanThe framework will address critical issues like official ownership records, private key custody, transaction reversibility and system liability. www.coindesk.com
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Regulation
Why Brazil’s Central Bank Wants to Classify Stablecoins as Electronic Monetary Instruments
by shayaanby shayaanCentral Bank of Brazil pushes for electronic money regulation for stablecoins The debate around stablecoins is taking shape in Brazil, and the …
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Adoption
Blockchain.com Targets Brazil’s Institutional Market With Cross-Border Payments Infrastructure
by shayaanby shayaanThe move by Blockchain.com to build a dedicated institutional payments corridor into Brazil is not simply a new office opening. It arrives …
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Brazil’s new finance minister, Dario Durigan, is expected to delay a public consultation on applying a tax on financial operations, locally known …
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Markets
Brazil’s B3 Strengthens Crypto Market with New Bitcoin and Altcoin Futures
by shayaanby shayaanBrazil’s largest stock exchange, B3, is making strides to further integrate cryptocurrencies into its offerings by introducing Bitcoin options and futures contracts …
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The following article is an op-ed by João Victor Alves Souza from Boletim Bitcoin. Stablecoins have exploded in popularity in recent years along …
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Regulation
Binance Granted Broker-Dealer License by Brazil’s Central Bank After Acquiring Brazilian Financial Services Firm
by shayaanby shayaanThe world’s largest centralized crypto exchange by volume has received a broker-dealer license in Brazil via an acquisition. Binance says the Central …
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Finance
Brazil’s instant payment transactions more than doubled on Black Friday
by shayaanby shayaanBRASILIA, Dec 2 (Reuters) – Brazil’s popular instant payment system Pix saw a 120.7% jump in the value of transactions recorded on …
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Brazilian legislators in the Chamber of Deputies have proposed allocating 5% of the nation’s $370 billion treasury to a Bitcoin strategic reserve. …