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Brazil has been developing a CBDC for some time now. If all goes according to plan, the digital Real will be launched sometime in 2024. Once launched, it would support…
Mercado Bitcoin – the largest cryptocurrency exchange in Brazil – will reportedly participate in the country’s pilot project to launch a digital real. The central bank intends to issue such…
This development comes amid a global regulatory crackdown on Binance, which is facing investigations in multiple countries.
The decree authorizes the central bank to regulate and supervise virtual asset service providers, and ensures the country's securities regulator will continue to handle many tokens.
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits.
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country.
Binance's partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil.
Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was…
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides…
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The establishment of a single currency…