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Brazil's Central Bank proposes restrictions on crypto stablecoin withdrawals.
Blockchain

Brazil's Central Bank Proposes Strict Rules on Stablecoin Withdrawals

The Central Bank of Brazil seeks to limit stablecoin withdrawals to self-custody wallets, redefining the crypto landscape in Brazil. This proposal is part of a larger regulatory framework following...

BitcoinBrazilian Congressman Eros Biondini proposing a national Bitcoin reserve initiative.

Brazilian Congressman Introduces National Bitcoin Reserve Proposal

Eros Biondini, a Brazilian Congressman, has proposed establishing a national Bitcoin reserve called RESBit to enhance Brazil's economic sovereignty and innovate in the digital economy. The bill sug...

BitcoinGraph showing Bitcoin ETF growth in Brazil as prices approach $100,000.

Bitcoin ETFs Soar in Brazil as Prices Approach $100,000

Demand for Bitcoin ETFs in Brazil skyrockets as Bitcoin nears the $100,000 mark, with Hashdex's B3 ETF reaching an all-time high of $689 million. Discover the rise of cryptocurrency ETFs and their ...

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

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.

BrazilVisual representation of Brazil's CBDC Drex and its role in the transaction system.

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

Fabio Araujo discusses Drex, Brazil's CBDC project, designed to replace the national transaction system. Transitioning will be gradual due to costs. Drex focuses on simplifying financial settlement...