The Central Bank of Brazil unveiled stricter regulations for FinTech firms Friday (March 11), imposing regulations based on the size and complexity of these companies and creating tougher standards for required capital. Reuters reports the new rules will begin taking effect in January 2023 and are due to be fully implemented by January 2025. The […]
Brazil - Bitcoin News Related to Brazil
or
Central Bank of Brazil Selects Partners to Assist With CBDC
The initiative seeks to evaluate use cases for a Digital Real and its technological feasibility, according to Brazil’s monetary authority.
Bill to regulate crypto in Brazil for first time heads to Senate vote
The largest Latin American country could soon be the latest to regulate crypto, which lawmakers hope will increase its uses across the country.
Brazil Takes First Step To Regulate Bitcoin
The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions.
Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions
The share purchase was made in the last quarter of 2021, according to a SEC filing.
Spain’s BBVA Backs Brazil’s Digital Bank Neon Payments With $300M
Spain’s BBVA bank upped its stake in digital bank Neon with a $300 million (€263 million) investment, giving the legacy financial institution an additional 21.7% interest in the Brazilian startup, according to a press release on Monday (Feb. 14). BBVA anticipates the new deal will close before the end of February. BBVA has held a […]
Brazilian Asset Manager QR Launches First Local DeFi ETF
QDFI11 was listed on the Brazilian stock exchange, B3, and tracks the Bloomberg Galaxy DeFi index.
Meta goes Brazil to trademark Bitcoin and crypto services
Meta published the application for registration on Jan. 25 and is currently awaiting opposition prior to INPI approval.
ICICB Group Plans Digital Bank for Brazil
Dubai’s ICICB Group wants to become a player in Brazil’s burgeoning digital banking space, the financial services company announced in a news release Friday (Jan. 28). “This new phase of innovation and reliability will support the nation’s top institutions and industries to promote business,” the company said. “The public will benefit from easy, fast and […]
Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
Chicão Bulhões, the city’s secretary of economic development, told CoinDesk TV that the move seeks to reduce locals’ distrust of cryptocurrencies and turn the city into a crypto hub like Miami.
- « Previous Page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- …
- 10
- Next Page »