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Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’

Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers, considering the cryptocurrency market will be “very […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital RealFabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of the digital real, stating that […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins

Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own StablecoinsThe Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This YearThe Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities

Central Bank of Brazil Chooses Nine Institutions to Study Digital Real PossibilitiesThe Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects from companies and organizations like Aave, Banco Santander, and Mercado Bitcoin […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Central Bank of Brazil Researches Creation of Digital Real

Central Bank of Brazil Researches Creation of Digital RealFabio Araujo, a representative of the Central Bank of Brazil, talked about the possible development of a Digital Real at a public hearing before the Committee on Science, Technology, Innovation, Communication and Information Technology of the Brazilian Senate. Araujo clarified that the Digital Real is still at the debate stage, and they are determining the […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention