Ether and Solana Grow in Brazilian Markets

December 15, 2024 Bitcoin.com

bitcoin.com

According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether’s utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year’s October numbers, when it scored 600,000 transactions and transferred nearly $40 million. Solana also exploded, […]

Bitcoin Could Hit 0K in 2025—Analysts See Macro Trends Aligning

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report

December 7, 2024 The Daily Hodl

Brazil

Reports on a new BRICS currency designed to compete against the US dollar are fundamentally false, according to leaders in South Africa. In a statement, South Africa’s Department of International Relations and Cooperation (DIRCO) says BRICS is not working on a currency that could be used as an alternative to USD, reports Bloomberg. According to […]

The post South Africa Says BRICS Has No Plans To Create New Currency After Trump Issues Warning Against Dedollarization: Report appeared first on The Daily Hodl.

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft

December 3, 2024 Bitcoin.com

bitcoin.com

The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Latam Insights Encore: Brazil Frontrunning the US in Building a Strategic Reserve Might Rally BRICS Around Bitcoin

December 3, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin reserve regulations and its possible repercussions on BRICS nations’ economic policies. Latam Insights Encore: Brazil’s Hypothetical Strategic […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Latam Insights: Strategic Bitcoin Reserve Proposed in Brazil, Volcano-Powered Bitcoin Mining in El Salvador

December 1, 2024 Bitcoin.com

bitcoin.com

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work in El Salvador. Brazil Introduces Bill to Establish Strategic […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks

November 27, 2024 Coin Telegraph

Bitcoin

New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience.

A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets.

The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks the creation of a Sovereign Strategic Bitcoin Reserve known as RESBit.

According to the legislation, the Bitcoin (BTC) reserve could shield the country’s sovereign reserve from currency fluctuations and geopolitical risks while also serving as collateral for the country’s forthcoming central bank digital currency, dubbed Real Digital (Drex).

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Brazil Introduces Bill to Establish Strategic Bitcoin Reserve

November 26, 2024 Bitcoin.com

Bitcoin

Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation The legislation, titled “Projeto de Lei 4501/2024″ and authored by Federal Deputy Eros Biondini, aims to position […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation

November 2, 2024 Bitcoin.com

bitcoin.com

New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset Integration The Hong Kong Monetary Authority (HKMA) unveiled two significant partnerships this week to promote cross-border tokenization with the Bank of Thailand (BOT) and Brazil’s Banco Central […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Brazilian Central Bank Considers Taxing Stablecoin Remittances

October 31, 2024 Bitcoin.com

bitcoin.com

The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to tax stablecoin remittances, including issuing a special license for crypto exchanges that provide these services. Central Bank of Brazil Explores Tax on Stablecoin-Based International Transactions, but There’s a Catch The Central Bank of Brazil is […]

Bitcoin Could Hit $200K in 2025—Analysts See Macro Trends Aligning

Latam Insights Encore: Brazil’s Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement

October 29, 2024 Bitcoin.com

alternative payment system

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next chairman of BRICS, Brazil will be responsible […]

Brazil

Share this video