Brazil – Page 10 – DIGIT INFO

The driving forces behind crypto adoption in Latin America in 2022

Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.

Go to Source

Brazilian president signs crypto bill into law

The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.

Go to Source

Still bullish: 40% of survey respondents plan to buy crypto in 2023

Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023.

Go to Source

Brazil Could Launch Its Defi-Integrated Digital Real in 2024

Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency system might bring as it is integrated with traditional finance structures and decentralized finance (defi) institutions. […]

Go to Source

Crypto.com continues its worldwide registration push with Brazilian EMI license

The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.

Go to Source

Brazil could cement its status as an economic leader thanks to 2024 CBDC move

Brazil is set to launch a Central Bank Digital Currency (CBDC) in 2024, a move that could contribute to its status as an economic leader in South America.

Go to Source

Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded

The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2.

Go to Source

Brazilian crypto industry gets regulatory clarity amid global uncertainty

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.

Go to Source

Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues Left Out

A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax exemptions for green mining operations and the issue of segregating customer assets from company funds for […]

Go to Source

President of Bank of Brazil Shows ‘Open Finance’ Digital Real Concept Featuring Stablecoin Integration and Payments Functionality

Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app” that featured PIX (a payments network) functionality, and also integration […]

Go to Source