Brazil

Brazil central bank picks Visa, 8 other firms for CBDC pilot
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10 March, 2022

Brazil central bank picks Visa, 8 other firms for CBDC pilot

Brazil is moving forward with its central bank digital currency plans, and in the latest move, it has picked nine...
Brazil: Senate bill seeks to legalize digital currencies
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25 February, 2022

Brazil: Senate bill seeks to legalize digital currencies

The bill has been in the works for three years and was unanimously approved by a Senate committee. It legally...
Brazil central bank denies CBDC trial links with Seattle startup
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14 November, 2021

Brazil central bank denies CBDC trial links with Seattle startup

The Seattle startup, known as Kaj Labs, published a PR claiming it was working with the central bank of Brazil...
Digital currency eyed as payment option for workers in Brazil
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14 November, 2021

Digital currency eyed as payment option for workers in Brazil

Federal Deputy Luizão Goulart’s proposal seeks a new law that provides workers in Brazil the right to request digital currency...
Brazil eyes making BTC legal tender, allowing its use as payment for goods
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11 October, 2021

Brazil eyes making BTC legal tender, allowing its use as payment for goods

Brazil’s parliament is expected to debate a bill that would officially recognize BTC as legal tender and allow citizens to...
Brazil to adopt tougher penalties for digital currency money launderers
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5 October, 2021

Brazil to adopt tougher penalties for digital currency money launderers

Brazil will raise the penalty for laundering through digital currencies to two-thirds of laundered money and prison sentence to 16...