Brazil’s central bank has unveiled plans to start a central bank digital currency pilot program that will be launched in 2022. The sovereign national digital currency will be based on fiat currency an...
Tag: Brazil
Brazil Hedge Funds Cash In Big on Mistake by U.S. Bond Traders
(Bloomberg) — Brazilian traders know inflation. After decades of dealing with wild bouts of it, they consider themselves experts on the topic. Their American counterparts, they say, got complace...
Brazil Plans CBDC Pilot for Second Half of 2022
Key Takeaways The president of Brazil’s central bank, Roberto Campos Neto, discussed the country’s CBDC plans during an Apr. 11 event. Neto suggested that Brazil’s central bank digit...
Methane emissions surged by a record amount in 2021, NOAA says
A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second biggest contributor to human-caused climate change after carbon dioxide, surged ...
As Per The Gemini Study Brazil As Well As Indonesia Are The World Champions For Cryptocurrency Use
The Financial Services Authority (OJK), Indonesia’s primary monetary authority, is likewise opposed to the sector. It barred local businesses from utilizing, offering, or enabling cryptocurrency servi...
Brazil and Indonesia Global Leaders in Crypto Adoption: Gemini Survey
A study conducted by the cryptocurrency exchange Gemini determined that approximately 41% of the surveyed individuals from Brazil and Indonesia own digital assets. The United States and the United Kin...
Brazil, Hong Kong, India Lead as Crypto Adoption Skyrockets in 2021
More than half of cryptocurrency owners in Brazil (51%), Hong Kong (51%) and India (54%) are first-timers who started investing in digital assets in 2021, a new research by Gemini Trust Company, LLC, ...
Crypto Adoption as Inflation Hedge Takes Off in Brazil and Indonesia
A recent survey conducted by cryptocurrency exchange Gemini has revealed that crypto adoption spiked in 2021. Over 30,000 investors around the world acquired digital assets last year to curb the infl...
Can Brazil Win The World Cup?
KAZAN, RUSSIA – JULY 06: Renato Augusto of Brazil reacts during the 2018 FIFA World Cup Russia … [+] Quarter Final match between Brazil and Belgium at Kazan Arena on July 6, 2018 in Kazan,...
Revolut Names Glauber Mota as Brazil CEO ahead of Country Launch
London-headquartered Revolut is gearing up for its launch in Latin America’s largest market with the latest appointment of Glauber Mota as the fintech’s Brazil Chief Executive Officer. Announced on Tu...
the sale of NFT to save the Amazon- The Cryptonomist
In Brazil, the company Nemus is using NFTs to save the Amazon, a new way to save our planet’s green lung. Brazil: Nemus sells NFTs to finance Amazon forest conservation Brazilian company Nemus, found...
Telegram banned in Brazil- The Cryptonomist
Telegram has been banned in Brazil. The censorship was triggered by the messaging app itself and CEO Pavel Durov took responsibility in a message to the community. Telegram banned in Brazil, what hap...
A worker objected to Google’s Israel military contract. Google told her to move to Brazil
More than 500 Google workers are backing a colleague who has accused the tech giant of retaliation over her objections to a corporate contract with the Israeli military. (Associated Press) More than 5...
OXIO Raises $40M to Bring Tokenized Telco Model to US and Brazil
Integrations with telco companies in the U.S. are “almost done,” Girard said in an interview this week, adding that the company is working on integrations in Brazil, in a process that usually takes fi...
Aave selected by the central bank of Brazil
A few days ago, Brazil’s central bank, Banco Central do Brasil (BCdB), published the list of nine projects selected to be monitored as part of the initiative related to the development of the Real Dig...
Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities – Bitcoin News
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the appli...
Brazil Has Chosen Nine Partner Projects for Its CBDC
Key Takeaways Brazil has chosen nine partner projects to help build technologies for its central bank digital currency (CBDC). Partners include cryptocurrency companies, banks, payment companies, and ...
What Russia trades with the US, China, Brazil and the world — Quartz
The west continues to roll out sanctions against Russia for invading Ukraine. There are restrictions on the paths its airlines can fly, the banking systems it can use, and even the soccer tournaments ...
Senate Approves Bill seeking to legalize cryptocurrencies in Brazil
Brazil could become the latest country to legally recognize cryptocurrencies, with a new bill heading to the Senate for approval. The Economic Affairs Commission (CAE) of the Senate approved the proje...
Brazil Set To Follow El Salvador In Full-Scale Adoption Of Bitcoin ⋆ ZyCrypto
Advertisement     Brazil’s senate committee approves Bitcoin bill. The bill is to bring regulatory clarity to the space as well as clamp down on illegal activities. Th...
Brazil Took Initiative To Legalize Local Crypto Market
On Tuesday, February 22, 2022, Brazil initiated a framework to legalize cryptocurrency in the local market. The initiative could be a milestone for the growth and development of digital cryptocurrenci...
Brazil: Senate Committee approves crypto-regulatory bill to promote growth
Regulatory fervor for the cryptocurrency industry has gained heightened momentum worldwide this year, as the $1.84 trillion industry makes itself more ingrained in the financial market. After reports ...
Brazil ’s Senate Committee Approves Bill To Regulate Cryptocurrencies. What Now?
Who’s one step closer to regulating cryptocurrency use? Brazil is. The Senate Committee, more specifically The Committee on Economic Affairs, settled on a bill. Its aim is to regulate crypto transacti...
Brazil Senate Moves to Accepting Crypto With Approval of Bill
Brazil’s Senate has taken the first steps to adopting cryptocurrency with the unanimous approval of a bill to regulate digital assets. If approved, Brazil would become the largest Latin American natio...
MercadoLibre Beats Revenue Estimates, Gains Market Share in Brazil
(Bloomberg) — Latin American e-commerce retailer MercadoLibre Inc. grew its revenue more than expected and gained market share in Brazil even as Asian players continue to strengthen their footpr...
Bill to regulate crypto in Brazil for first time heads to Senate vote
The Brazilian Senate is set to vote on a bill which would make the country the biggest in Latin America to regulate cryptocurrency. The crypto bill was unanimously approved by the Senate’s Economic A...
DeFi ETFs take flight in Brazil with two launches this month
advertisement Two companies have gone head-to-head in recent weeks to launch the world’s first DeFi exchange-traded funds in Brazil. The first firm to announce a DeFi ETF launch on Brazil’s B3 stock e...
TP ICAP Launches Energy Broker Platform in Brazil
TP ICAP group, a global investment firm with a pivotal role in the world’s financial, energy and commodities markets, announced today that it has launched its energy broking business in Brazil. ...