Brazil

According to reports, a federal judge in Brazil has ordered a temporary blockade of Telegram, citing its failure to provide information related to pro Nazi groups at the request of

According to reports, Coinbase stated that it had integrated the Brazilian government’s payment system Pix and started allowing the purchase of cryptocurrency using the Brazilian real. The collaboration with Pix, which has over 140 million users, was achieved through collaboration with Ebanx, a Brazilian end-to-end payment processor. In addition to purchasing in local currency, customers can also withdraw the Brazilian real. Interpretation of this information: The recent announcement by Coinbase, one of the world’s leading cryptocurrency exchanges, of integrating Brazil’s government-operated Pix payment system into its platform is significant for…

On March 8, the Brazilian Central Bank announced on Monday the launch of a digital currency pilot project aimed at replicating the success of its real-time payment system, Pix, in order to popularize financial services in the country. Interpretation of this information: Brazil is set to launch a digital currency pilot project that seeks to follow the success of the country’s Pix real-time payment system that was launched in 2020. The project aims to popularize financial services in Brazil by offering easy-to-use digital currency services to citizens. The announcement was…

It is reported that Brazil is making progress in developing its central bank digital currency (CBDC) and designing its architecture. Roberto Campos Neto, President of the Central Bank of Brazil, recently detailed the progress made by the institution in laying the foundation for the operation of the proposed digital real currency. Interpretation of this information: The Central Bank of Brazil is making strides towards the development of its central bank digital currency (CBDC) and crafting its architecture. According to reports, the bank has been laying the groundwork for the proposed…