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Brazil

Brazil

Adoption   -   Oct 18, 2023 Beg to Differ: Latin America Is a Region of Crypto Contrasts
LATAM blockchain adoption map Brazil Argentina

One region, 33 crypto cultures. In Latin America, each country has their own stance towards cryptocurrency, creating a patchwork of adoption levels, regulations, types of assets held and exchanges used.

CBDC   -   Aug 10, 2023 DREX: Brazil’s CBDC Platform Named and Supercharged by Smart Contracts
Fabio Araujo DREX digital real

Brazil’s Central Bank has announced the official name of its Real Digital platform. DREX will allow the deployment of smart contracts to make financial services more accessible.

Observers Banking and CBDC Weekend Roundup 04/08/2024
Banking CBDC Roundup   -   Aug 05, 2024 Banking and CBDC Weekend Roundup 04/08/2024

Offline digital euro and eSIM, low traction for digital rupee, e-CNY extends use cases, Brazil's DREX and Pix integration. Ripple and Open Eden in T-bill tokenization.

Observers
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Banking CBDC Roundup   -   Aug 05, 2024 Banking and CBDC Weekend Roundup 04/08/2024
Observers Banking and CBDC Weekend Roundup 04/08/2024

Offline digital euro and eSIM, low traction for digital rupee, e-CNY extends use cases, Brazil's DREX and Pix integration. Ripple and Open Eden in T-bill tokenization.

Observers
Adoption   -   Oct 18, 2023 Beg to Differ: Latin America Is a Region of Crypto Contrasts
LATAM blockchain adoption map Brazil Argentina

One region, 33 crypto cultures. In Latin America, each country has their own stance towards cryptocurrency, creating a patchwork of adoption levels, regulations, types of assets held and exchanges used.

Eva Senzaj Pauram
CBDC   -   Aug 10, 2023 DREX: Brazil’s CBDC Platform Named and Supercharged by Smart Contracts
Fabio Araujo DREX digital real

Brazil’s Central Bank has announced the official name of its Real Digital platform. DREX will allow the deployment of smart contracts to make financial services more accessible.

Eva Senzaj Pauram
CBDC   -   Jul 23, 2023 Brazilian Outcry Over Functionality to Control Digital Real Accounts
Brazlil CBDC whistleblower freeze pedro magalhães

Brazilians are concerned after functionality that gives control over CBDC wallets to the government was discovered.

Eva Senzaj Pauram
Regulation   -   Jun 18, 2023 Brazil’s New Crypto Law Names Central Bank as ‘Market Sheriff’
Brazil’s New Crypto Law Names Central Bank as ‘Market Sheriff’

The crypto revolution in Brazil is ready to start. Seven months after approving the crypto assets law, Brazilian authorities agree on who plays the role of market sheriff.

Eva Senzaj Pauram
Exchanges   -   Jun 06, 2023 Leading Brazilian Crypto Exchange Gains Payment Institution License
Mercado Bitcoi

Mercado Bitcoin, the leading crypto exchange in Brazil, officially launched MB Pay after being granted the Central Bank’s approval to act as a payment institution.

Eva Senzaj Pauram
Exchanges   -   May 31, 2023 Binance’s Payment Partner Scores In Brazil, But The Game Is Far From Won
Binance logo, Latam Gateway logo, Brazil flag

Binance's payment gateway in Brazil received Central Bank approval to act as an electronic money issuer, marking the first victory Binance has had for a while.

Eva Senzaj Pauram
Regulation   -   Mar 15, 2023 Brazil’s Crypto Regulation Is Headed For a Turn
Crypto regulation in Brazil

Caught in between the fire of Partido Popular (PP) salvation riffles is the crypto asset legal framework signed by Bolsonaro shortly before leaving office. Brazilian Central Bank and Brazilian Securities Exchange Commission contest for the Market Xerif role

Eva Senzaj Pauram
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