Banco Central do Brasil

8 November, 2024

Brazil’s digital asset imports surge by 60%

Brazilians made digital asset payments worth $1.4 billion in September, bringing this year’s total to $13.8 billion and already surpassing...

Hong Kong eyes tokenization; Bolivia offers stablecoin custody

Finance

Steve Kaaru

6 November, 2024

Hong Kong eyes tokenization; Bolivia offers stablecoin custody

Hong Kong will integrate its tokenization platform with Brazil’s DREX CBDC network and Thailand’s Project San, which establishes a tokenization...

Brazil explores tokenization, DeFi with Drex CBDC

Finance

Steve Kaaru

9 October, 2024

Brazil explores tokenization, DeFi with Drex CBDC

Banco Central do Brasil has been struggling to find the right balance on the disintermediation spectrum as Brazil steps up...

Brazil delays DREX CBDC launch over privacy concerns

Finance

Gavin Lucas

3 June, 2024

Brazil delays DREX CBDC launch over privacy concerns

Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials to address...

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

Business

Steve Kaaru

4 October, 2023

Brazil central bank to tighten digital asset regulation amid 44% spike in investment

From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank's attention, which wants to curb...

Brazil CBDC faces setbacks as banking regulator suspends innovation lab

Business

Wahid Pessarlay

2 September, 2023

Brazil CBDC faces setbacks as banking regulator suspends innovation lab

Facing technical difficulties and privacy concerns, Brazil's CBDC launch falters following the central bank's indefinite suspension of LIFT Lab, causing...

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Patrick Thompson

30 Dec 2024

Banco Central do Brasil

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