Brazilian central banker describes how CBDC system can halt bank runs
In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.
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Brazilian Development Bank Launches Blockchain Network
The Brazilian Development Bank has officially launched the Brazilian Blockchain Network, a structure designed to aid other institutions in the country in increasing public transparency. The launch, which was also…
Brazil Launches a Blockchain Network to Better Trace Public Expenditures
On May 30, Brazil’s new government blockchain network went live thanks to a cooperation agreement between the Court of Accounts of Uniam (TCU) and the Brazilian Development Bank (BNDES). The…
Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse
A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their developed counterparts. The study, carried out by Ipsos for the…
Brazil’s University of Sao Paulo Will Have Its Own Lands in the Metaverse
The University of São Paulo (USP) signed a cooperation agreement with Radio Caca (RACA) to study different educational applications within the United States of Mars metaverse by operating different virtual…
Brazilian university USP will conduct academic research in the metaverse
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse.
Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.
Brazil’s Largest Crypto Exchange Partners With Stellar To Work on a CBDC
On May 24, Mercado Bitcoin, the largest cryptocurrency and digital asset platform in Latin America, announced its partnership with the Stellar Development Foundation (SDF) to participate in the development of…
Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC
Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.
Government of Uruguay Presents Campaign Against Crypto Scams
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign…
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