Brazil Considers Crypto Protection Bill
Brazilian lawmakers are currently deliberating a legislative proposal that could grant cryptocurrencies a protected status, shielding them from creditors’ claims. The bill, initiated by Deputy...
DREX: Brazil’s Digital Real Currency
The Central Bank of Brazil has officially unveiled its anticipated central bank digital currency (CBDC) known as DREX, which stands for Digital Real Electronic Xchange....
Brazil Empowers Central Bank To Regulate Cryptocurrency Firms
Brazilian President Luiz Inácio Lula da Silva has signed a new law granting regulatory authority to the country’s central bank over cryptocurrency firms, while ensuring...
BRICS Nations Consider New Currency, Challenge USD Dominance
Brazil’s President Luiz Inácio Lula da Silva expressed his aspirations for a trading currency alternative to the US dollar. Lula’s vision of trading in currencies...
Binance Launches Mastercard Debit Card in Brazil
Binance has announced the official launch of its Mastercard debit card in Brazil. The new card allows Binance users to spend from their accounts at...
Banco do Brasil Enables Tax Payments in Crypto
Banco do Brasil, one of the oldest banks in Brazil, has announced that it will allow citizens to make tax payments in cryptocurrencies. This move...
Brazil Permits Investment Funds to Make Crypto Investments
The Securities and Exchange Commission (CVM) of Brazil permitted investment funds to incorporate crypto among the rest of their holdings. Jair Bolsonaro, the president of...
MoneyGram to Offer Remittance Service in Brazil
MoneyGram International and Frente Correta (a key partner of Ripple) have formed a unique collaboration to start an exclusive remittance service for people living in...
Tether Declares SmartPay’s Strategy to Introduce USDT in 24k ATMs in Brazil
Tether Operations Limited, the firm backing the blockchain-enabled venue named tether.to – that runs the stablecoin Tether (USDT) – has declared another news of its...