In a significant move, Brazilian lawmakers are advancing a legislation that aims to raise taxes on cryptocurrencies held overseas. Recent reports reveal that a congressional committee has given the green...Read More

In a significant stride towards digitizing its financial landscape, the Central Bank of Brazil has unveiled “DREX” as the official name for the country’s forthcoming central bank digital currency (CBDC),...Read More

The executive branch of Brazil has recently assigned the country’s Central Bank and Securities Commission with the responsibility of overseeing the cryptocurrency market. This decision was outlined in a decree...Read More

In a significant development for the cryptocurrency industry in Brazil, Mercado Bitcoin, the country’s largest crypto exchange, has obtained a license as a payment institution from Brazil’s central bank. The...Read More

  Visa has partnered with Agrotoken, Microsoft, and Sinqia to launch a new blockchain and central bank digital currency (CBDC) project in Brazil. The project aims to explore the use...Read More