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Brazil

DTCC launches digital asset sandbox to boost tokenization
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23 October, 2024

DTCC launches digital asset sandbox to boost tokenization

While asset tokenization is off to a great start, institutions use dozens of different blockchain networks, resulting in the silos...
It looks like there won’t be a BRICS currency yet
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22 October, 2024

It looks like there won’t be a BRICS currency yet

Last week, Brazil called for increased use of national currencies among members, while the Bank of Russia released a paper...
Brazil explores tokenization, DeFi with Drex CBDC
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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...
Binance lawsuit targets exchange as ‘get-away driver’ for bad actors
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22 August, 2024

Binance lawsuit targets exchange as ‘get-away driver’ for bad actors

Binance has been hit with various complaints and settlements in different jurisdictions, with a civil lawsuit filed at the U.S....
Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition
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23 July, 2024

Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition

Last week's news about AI saw Meta's suspension of AI tools in Brazil, Japanese companies' stance on AI, Meta not...
Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage
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10 July, 2024

Brazil bars Meta from using citizens’ data to train its AI, cites ‘irreparable’ damage

Brazil follows the EU in warning against using Facebook and Instagram data to train Meta’s AI, which the company calls...
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