Brazil

Brazil: Mercado Bitcoin secures payment provider license amid plans to diversify
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11 June, 2023

Brazil: Mercado Bitcoin secures payment provider license amid plans to diversify

Brazil opened a pathway to diversify its financial services after the central bank granted Mercado Bitcoin a payment provider license,...
Brazil central bank selects Visa, 13 other banks for new CBDC pilot
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2 June, 2023

Brazil central bank selects Visa, 13 other banks for new CBDC pilot

Each of the selected firms will assist Banco Central do Brazil in experiments testing the instant settlements of government bonds...
Brazil’s central bank allows firms to participate in digital real CBDC pilot
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11 May, 2023

Brazil’s central bank allows firms to participate in digital real CBDC pilot

Participating financial institutions will be selected based on their previous experiences with distributed ledger technology with a preference for the...
Visa unveils blockchain-backed CBDC project for Brazilian farmers
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6 May, 2023

Visa unveils blockchain-backed CBDC project for Brazilian farmers

Farmers appear to be the target market of Visa’s new CBDC project, noting that they contribute a large chunk of...
Brazilian bank floats dollar-backed stablecoin to provide customers with investment options
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11 April, 2023

Brazilian bank floats dollar-backed stablecoin to provide customers with investment options

BTG Pactual says the latest innovation in the local fintech space, the BTG Dol, will allow customers to invest in...
Russia wants BRICS nations to explore new trade currency
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4 April, 2023

Russia wants BRICS nations to explore new trade currency

India and Russia should take the lead in forming a financial relationship to ultimately create a new common currency, according...
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