Banco Central do Brasil

3 June, 2024

Brazil delays DREX CBDC launch over privacy concerns

Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials to address...

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

Business

Steve Kaaru

4 October, 2023

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb...

Brazil CBDC faces setbacks as banking regulator suspends innovation lab

Business

Wahid Pessarlay

2 September, 2023

Brazil CBDC faces setbacks as banking regulator suspends innovation lab

Facing technical difficulties and privacy concerns, Brazil's CBDC launch falters following the central bank's indefinite suspension of LIFT Lab, causing...

Brazil’s central bank allows firms to participate in digital real CBDC pilot

Business

Wahid Pessarlay

11 May, 2023

Brazil’s central bank allows firms to participate in digital real CBDC pilot

Participating financial institutions will be selected based on their previous experiences with distributed ledger technology with a preference for the...

Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal

Business

Wahid Pessarlay

2 September, 2022

Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal

The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would...

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Business

Steve Kaaru

10 March, 2022

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...

Brazil’s regulators launch blockchain platform for info sharing

Business

Steve Kaaru

5 April, 2020

Brazil’s regulators launch blockchain platform for info sharing

Brazil’s regulators have jointly launched a blockchain-powered platform to share information between them, reducing bureaucracy and increasing transparency.

Brazil central bank now follows IMF for crypto classification

Business

Steve Kaaru

27 August, 2019

Brazil central bank now follows IMF for crypto classification

Tech

Erik Gibbs

22 June, 2018

Brazil central bank deploys blockchain tech for financial regulators

Brazil's central bank deploys blockchain technology for financial regulators

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webdev

7 Nov 2024

Banco Central do Brasil

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