Brazil

Brazil

Finance

World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech

JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.

Amazon forest being burned for pasture

Marchés

Brazil's Central Bank Says Nation Might Be Ready for a Digital Currency by 2022

Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.

Banco Central President Roberto Campos Neto says Brazil will have "all the ingredients" for a digital currency by 2022. (Marcos Oliveira/Agência Senado/Wikimedia Commons)

Marchés

Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any

Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.

Senator Soraya Thronicke. (Michel Jesus/Câmara dos Deputados/Wikimedia Commons)

Marchés

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for freedom.

Brazil's supreme court (Ricardo/Flickr)

Finance

Brazil's Ailing Economy Is Helping Dollar-Pegged Stablecoins Find Traction

Brazilian crypto users are increasingly turning to USD-pegged stablecoins as the country's real sinks to record lows against the dollar.

Brazil

Juridique

Binance Ordered to Halt Offering Derivatives Trading in Brazil

The order is the regulator’s first public stance on cryptocurrency derivatives trading.

Brazilian law treats all derivatives products as securities, no matter the underlying asset. (Danny Nelson/CoinDesk, altered with PhotoMoosh)

Marchés

Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason

Whether out of concern for personal security or a desire to preserve privacy, many Bitcoin developers are known to the world only by their pseudonyms.

victoria-priessnitz-lz1utGEXz6Q-unsplash

Finance

Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

Sao Paulo, Brazil (Credit: Shutterstock)

Marchés

Brazil Regulator Votes to Continue Probe Into Banks' Rejection of Crypto Firms

Brazil’s national competition regulator is about to decide the fate of its investigation on whether some of the largest banks in the country wrongly locked local crypto brokers out of financial services.

“No company, no enterprise can survive in capitalism without access to the financial system,” said lawyer Fernando de Magalhães Furlan. (Credit: Tupungato / Shutterstock)

Marchés

Bitcoin in Emerging Markets: Latin America

Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique.

Old and new in Medellin, Colombia. (Credit: Shutterstock)