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Brazil

DoJ seizes $24M in digital currency from alleged Brazilian scammer
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6 November, 2020

DoJ seizes $24M in digital currency from alleged Brazilian scammer

Federal authorities said the digital currencies were tied to Marcos Antonio Fagundes, who is facing charges in connection with the...
Brazil readies state-backed digital bank for IPO
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25 October, 2020

Brazil readies state-backed digital bank for IPO

Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa...
Brazil targeting a 2022 launch for its CBDC
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8 September, 2020

Brazil targeting a 2022 launch for its CBDC

The CBDC will be part of the plan to digitize Brazil’s payment system, including launching an instant payments system and...
Brazil central bank forms CBDC study group
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27 August, 2020

Brazil central bank forms CBDC study group

The group will investigate the implications of a central bank digital currency (CBDC) on the country’s economy, among other things.
Binance blocked from offering derivatives in Brazil
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7 July, 2020

Binance blocked from offering derivatives in Brazil

Binance doesn’t have a license to act as a securities intermediary in Brazil, which means it has been offering derivatives...
Brazil regulator lifts Facebook ban, WhatsApp payments still suspended
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3 July, 2020

Brazil regulator lifts Facebook ban, WhatsApp payments still suspended

A Brazilian regulator has lifted a ban on WhatsApp payments. However, users still can’t process payments on WhatsApp due to...
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