US banks eye own blockchain as tokenized deposits pose threat
U.S. banks face risks from tokenized deposits as blockchain adoption grows, while surveys reveal mixed views on crypto…
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India and Brazil to collaborate on digital payment systems
India and Brazil will collaborate on digital payment systems amid U.S. trade tensions, highlighting the rising role of…
Brazil’s prepaid card, digital wallet market to reach $53B by 2030
In other news, Chinese firm Alipay has announced the completion of a payment transaction using smart glasses. The…
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…
Automated payments bring $30B for Brazil’s Pix in e-commerce
Elsewhere, Bahrain’s Arab Financial Services has received the green light to expand in the United Arab Emirates, investing…
Coinbase Introduces New Features For Global Remittances
Coinbase, an American-based cryptocurrency exchange, has revealed its latest wallet features for transferring money internationally without going through…
It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC
DREX is an acronym for digital real electronic transactions, with its logo depicting two arrows that signify the…
Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last…
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the…