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Category Central Bank of Brazil

Hackers Behind $140M Brazil Banking Heist Turn to Crypto to Launder Their Loot

Hackers Behind $140M Brazil Banking Heist Turn to Crypto to Launder Their Loot

ZachXBT estimates that between $30 million and $40 million has been swapped to crypto through OTC desks and exchanges.
Brazil Prepares to Let Tradfi Institutions Embrace Crypto

Brazil Prepares to Let Tradfi Institutions Embrace Crypto

The Central Bank of Brazil is preparing to open the cryptocurrency market to traditional finance institutions, which will be able to operate in thi...
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start

Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, ...
Central Bank of Brazil Highlights Tokenization Potential Before IMF and World Bank

Central Bank of Brazil Highlights Tokenization Potential Before IMF and World Bank

The Central Bank of Brazil propped up tokenization and “open finance” as key elements of the future’s financial system. In a panel presentation bef...
Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

Central Bank of Brazil Reveals New Use Cases to Be Tested in Its Drex CBDC Second Pilot Phase

The Central Bank of Brazil disclosed a new set of use cases that will be part of the second phase of the ongoing pilot of its drex CBDC. Among the ...