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Brazil's surge in digital asset imports hitting $1.4 billion in September 2024.
Brazil

Brazil's Digital Asset Imports Reach $1.4 Billion in September 2024

In September 2024, Brazil saw a remarkable surge in digital asset imports, totaling $1.4 billion—up 40% from last year. This growth reflects increasing cryptocurrency and stablecoin activity, along...

BrazilBrazil Central Bank supports tokenization and open finance as future financial pillars.

Brazil's Central Bank Backs Tokenization and Open Finance for Future Financial Systems

The Central Bank of Brazil supports tokenization and open finance as key pillars for the future financial framework, emphasizing efficiency and integration in financial markets.

Asset TokenizationBrazil Central Bank announcing regulation on asset tokenization and stablecoins.

Brazil Central Bank to Accelerate Asset Tokenization and Stablecoin Regulation by 2025

The Central Bank of Brazil plans to expedite the regulation of asset tokenization and stablecoins by 2025. Governor Roberto Campos Neto announces public consultations for Virtual Asset Service Prov...

AIRBI Governor Shaktikanta Das discussing AI risks in finance.

RBI Raises Concerns Over AI's Impact on Financial Stability

The Reserve Bank of India (RBI) expresses concerns about AI's effects on financial stability. Governor Shaktikanta Das warns of risks like cyberattacks and system disruptions due to concentrated AI...

BrazilDrex CBDC pilot project announcement and applications information.

Brazil Central Bank Accepts Applications for Second Drex CBDC Pilot Phase

The Central Bank of Brazil opens applications for the second phase of the Drex CBDC pilot from October 14 to November 29, focusing on commercial cases via smart contracts and emphasizing privacy an...

AEDAED Stablecoin approved by UAE Central Bank for cryptocurrency payments.

UAE Central Bank Approves AED Stablecoin as First Dirham-Pegged Token

The UAE Central Bank has granted in-principle approval for the AED Stablecoin, positioning it as the first regulated dirham-pegged token for cryptocurrency payments, enabling merchants and local ex...