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Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will…
Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to…
The European Union has its regulatory framework, while the race is only kicking off in the United States.
President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed,…
President Jair Bolsonaro of Brazil has approved a bill of crypto industry regulations most recently passed by the nation’s Senate and Chamber of Deputies. The bill, signed into law on…
Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.
The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.
Despite a challenging year for the crypto industry, nearly 40% of respondents indicated a plan to purchase cryptocurrencies like Bitcoin in 2023.
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos…