Central Bank of Brazil Rebrands CBDC to ‘Drex,’ Launch Expected by 2024
The Central Bank of Brazil has issued a press launch revealing particulars about “drex,” the Brazilian central financial institution digital forex (CBDC) previously often known...
Latam Insights — Petro Liquidation Imminent, Ripple Partners With Colombian Central Bank
Welcome to Latam Insights, a compendium of Latin America’s most related crypto and financial information over the past week. In this difficulty, stories point out...
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
According to the Central Bank of Brazil, the digital actual pilot challenge will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized model...
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
A tokenized model of the digital actual, the Brazilian central financial institution digital forex (CBDC), has handed a public blockchain pilot take a look at...
Central Bank of Brazil President States Digital Real Pilot Is Imminent
The president of the Central Bank of Brazil, Roberto Campos Neto, has clarified the standing of the event of the Brazilian central financial institution digital...
Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real
The Central Bank of Brazil will focus its first digital actual exams on figuring out the degrees of privateness and safety that may be achieved...
Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
A courtroom in Sao Paolo, Brazil, dominated towards Binance in a case wherein the main cryptocurrency alternate confronted a withdrawal-related criticism. A person, who launched...
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
Bradesco, one of many largest banks in Brazil and the third greatest in all of Latam, has entered the cryptocurrency world by issuing its first...
Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government
The lately authorized Brazilian cryptocurrency regulation will possible be reviewed and revised by the newly inaugurated authorities of Luis Inacio “Lula” Da Silva. According to...
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto
The Brazilian Securities Commission CVM has cleared the trail for funds to dive into cryptocurrency-based investments. The establishment issued a brand new algorithm that permits...