In a report detailing the outcome of the first phase of drex, the national CBDC pilot, the Central Bank of Brazil acknowledged that none of
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Yougov Poll Reveals Nearly 15% Would Switch Their Bank Accounts for Crypto in Brazil
According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as a wake-up call
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BRICS Discusses Alternative Payment Platforms to Bypass Western Financial Systems
BRICS nations are accelerating efforts to create independent payment systems, aiming to bypass Western financial dominance. BRICS Advances Alternative Payment Systems to Reduce Western Dependence
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Brazil Leapfrogs US Greenlighting First XRP ETF
The CVM, Brazil’s Securities and Exchange Commission, has approved the Hashdex Nasdaq XRP Index Fund for trading. The ETF, which is now in its pre-operational
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Brazil Ditches BRICS Currency Plan, Favors Trade in National Currencies
Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating
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Sam Altman’s World Halts Operations in Brazil: What’s Happening
World is pausing its operations in Brazil after an appeal to continue collecting citizens’ biometric data failed. The national watchdog ordered the project to cease
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