Brazil to tax digital assets in foreign exchange transactions
Brazil’s central bank has proposed a framework that taxes FX transactions settled in digital assets, while the taxman…
Browsing Tag
Banco Central do Brasil
14 posts
Tether wheels and self-deals, BoE open stablecoin consultation
Tether fuels a $767M Rumble-Northern Data deal and pushes its U.S. stablecoin, as the Bank of England, Brazil,…
Brazil’s largest commercial bank Itaú eyes stablecoin launch
Itaú’s Head of Digital Assets, Guto Antunes, said the bank’s decision to proceed with the stablecoin plans depends…
Deep dive: Argentina and Brazil blockchain landscapes
Brazil and Argentina set the pace for blockchain adoption with distinct approaches, opening new possibilities in financial, social,…
Brazil’s DREX CBDC pilot derailed by data privacy concerns
As the second phase of the DREX pilot continues, Brazil’s central bank has tried ZK-proofs, layer 2 networks…
Brazil’s digital asset imports surge by 60%
Brazilians made digital asset payments worth $1.4 billion in September, bringing this year’s total to $13.8 billion and…
Hong Kong eyes tokenization; Bolivia offers stablecoin custody
Hong Kong will integrate its tokenization platform with Brazil’s DREX CBDC network and Thailand’s Project San, which establishes…
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…
Brazil delays DREX CBDC launch over privacy concerns
Similar to developed nations, Brazil also shows great concerns regarding the privacy of CBDCs despite conducting several trials…
Brazil central bank to tighten digital asset regulation amid 44% spike in investment
From January to August, Brazilians invested $7.4 billion in digital assets, attracting the central bank’s attention, which wants…