Brazil: Steps forward for bitcoin and the digital real

Brazil: Steps forward for bitcoin and the digital real

Brazil is trying to take some steps forward in the adoption of technologies related to bitcoin and cryptocurrencies, as well as for the digital real. 
For now, this is not a real breakthrough, but small concrete steps forward. 
Opening up to tokenization
The first concrete step forward is the openness to tokenization. 
In fact, the Superintendent of Institutional Investor Supervision of Brazil’s Comissão de Valores Mobiliários (CVM), Daniel Maeda, has said that the regulator will study the creation of a new regulatory sandbox specifically for use cases related to tokenization. 
Maeda’s hypothesis is that from 2024, Brazil will launch a second regulatory sandbox programme specifically dedicated to tokenized assets, following the first positive experience in this regard, which allowed the tokenization of around USD 36 million of assets.
In fact, this positive experience, launched in May 2022, has convinced the VCM to plan a second sandbox that will focus on exploring some spec

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We współpracy z: https://en.cryptonomist.ch/2023/10/11/brazil-bitcoin-digital-real/

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