Brazil wants to provide oracles to bridge external data with the country’s projected CBDC
The Brazil Stock Exchange (B3), is looking into ways to offer data inputs for the country’s central bank digital currency (CBDC). The stock exchange is considering supplying oracles to bridge external data with Brazil’s expected CBDC, the digital real, according to Luis Kondic, managing director of listed products and data at B3. On September 30, […]
Visa plans to incorporate Bitcoin payments in Brazil
The CEO of Visa Brazil explains intentions for integrating cryptocurrencies such as Bitcoin into the company’s payments systems. Eduardo Abreu, Vice President of new business at payments giant Visa , revealed the company’s intentions to integrate crypto assets onto its platform for both payments and as a store of value, including the leading cryptocurrency Bitcoin, […]
Binance stops futures trading for Brazillian clients
Binance has announced that trading of futures contracts on its Brazilian platform would be suspended as of Friday in order to comply with local legislation. The news comes after the country announced the need to regulate cryptocurrencies. According to a Binance representative, the decision is based on an order from Brazilian regulators. “Binance put limits […]
Crypto regulation has been endorsed by Brazil’s central bank
The Brazillian Central bank head Roberto Campos Neto spoke about the country’s CBDCs project and also recognizes the demand for greater crypto regulation as the country evolves in the market. Roberto Campos Neto, president of the Central Bank of Brazil, spoke at an online session hosted by the Council of the Americas about transparent payment […]
Brazilian Court orders the sale of Bitcoin stash worth $1.1 Million
This is the first time a Brazilian court has ordered the sale of a Bitcoin stash, the Bitcoin was seized from Tradergroup a company that was allegedly operating as a Ponzi scheme under the guise of a cryptocurrency investment firm, in 2019. 43 Federal Police officers executed five search and seizure orders in Espirito Santo, […]