Crypto News

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...

Brazil Intensifies Crackdown on Crypto-Related Financial Crimes

Brazil is stepping up its efforts to combat crypto-related financial crimes through Operation Alcacaria, targeting money laundering and illegal financial services. Collaborating with the Federal Re...

Brazil's CBDC Project Drex Aims to Transform National Transaction System

Brazil's CBDC pilot project Drex, led by Fabio Araujo, seeks to replace the national transaction system. While the transition is complex and costly, Drex aims to simplify financial settlements with...

Brazil's CBDC Project Drex Set to Transform National Transaction System

Fabio Araujo, coordinator of Brazil's CBDC project Drex, shares insights on its evolution to replace the national transaction system and how it will streamline financial settlements.

Brazil Supreme Court Lifts Ban on X: A Major Victory for Digital Communication

In a landmark decision, Brazil's Supreme Court has lifted the ban on X after the platform paid the fine and complied with local laws. This move is hailed as a significant victory by Brazil's Minist...