Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors

digital real brazilianA tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used in public blockchains following all compliance rules set […]

Go to Source

Powered by WPeMatico

Santander Proposes Project to Tokenize and Trade Properties With the Brazilian CBDC

santanderSantander, the Spain-based bank, has presented a project to use tokenization in tandem with the digital real, the proposed Brazilian cryptocurrency, in order to facilitate property transactions. The proposal, part of the LIFT challenge, would be focused on simplifying the sale of real estate properties and cars for the Brazilian population. Santander Proposes Tokenization Platform […]

Go to Source

Powered by WPeMatico

Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution

Itau UnibancoItau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual […]

Go to Source

Powered by WPeMatico

Iran Expected to Lift Cryptocurrency Ban in September

Iran Expected to Lift Cryptocurrency Ban in SeptemberThe deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. Also Read: Thailand Updates […]

The post Iran Expected to Lift Cryptocurrency Ban in September appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Facebook Unbans Cryptocurrency Ads

Facebook Unbans Cryptocurrency AdsFacebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. Also read: Yahoo! Japan Confirms Entrance Into […]

The post Facebook Unbans Cryptocurrency Ads appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico