Brazil

Brazil's New Blockchain Data Tool Cost $250K, Runs on Quorum
Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive paper-based system with a fully digitized version.

Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain
Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER.

Brazil's Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies
The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.

Brazilian Police Bust Alleged Crypto Fraud That Cost Investors $360M
Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals.

MakerDAO Is Helping 60 Kids in Brazil Learn the Basics of Blockchain
The World Bank is teaming up with MakerDAO to bring blockchain education to Brazilian favelas.

Rainforest Charity Launches Crypto Appeal to Help Protect Amazon
Executive director Suzanne Pelletier told CoinDesk old school philanthropy isn’t making the cut, necessitating new donation methods.

Brazilian Tax Authorities Impose New Requirements on Crypto Trading
Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.

Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain
“This initiative is an answer to great transformation”, the regulators said.

Brazil's President Rebuffs Cryptocurrency as Administration Explores Blockchain
“I don’t know what Bitcoin is,” Brazilian President Jair Bolsonaro says even as his administration eyes blockchain projects.

Ripple Kicks Off South America Expansion With Brazil Launch
Blockchain payments company Ripple has launched in Brazil as the first stage of its planned expansion across South America.
