CBDC pilots, exchange growth, regulation, and enterprise adoption in Brazil’s crypto economy.
Rio de Janeiro secretary of finance and planning is looking to allocate a percentage of the city's treasury into Bitcoin while also providing crypto investors with tax breaks.
The city established a Municipal Committee for Crypto Investments to work on governance and investment models for the city.
Mercado Libre will use Mastercard's CipherTrace Technology to monitor, identify, and understand risks in the crypto space.
Nox Bitcoin, a Brazilian crypto exchange, said it will allocate roughly 620.000 Brazilian reais to reimburse customers who incurred losses associated with the UST de-peg
Brazil is the latest Latin American country to signal pro-crypto sentiment, as it pushes to establish a legal framework around digital assets.
While the European investment products saw outflows last week, the Americas, notably Canada and Brazil, recorded inflows.
The Economic Affairs Commission (CAE) in Brazil approves the project that regulates the rules for the cryptocurrency market.
Bit2Me announced February 18 that the Spanish central bank has approved its application to operate as a crypto exchange in the country.
The largest crypto asset manager in Latin America to offer investors a secure and regulated entry to DeFi.
