Brazil

Brazil

Finanzas

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.

(Jo Galvao/Shutterstock)

Mercados

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.

"Our objective is that this system promotes gains to the market," said CVM President Marcelo Barbosa. (Image via Edilson Rodrigues/Wikimedia Commons)

Regulación

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.

Central Bank of Brazil. Credit: Shutterstock/Alf Ribeiro

Mercados

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.

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Tecnología

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.

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Mercados

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.

Amazon forest being burned for pasture

Mercados

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.

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Mercados

Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain

“This initiative is an answer to great transformation”, the regulators said.

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Mercados

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.

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Mercados

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.

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