2024-12-2 15:46 |
Brazil, the second-largest market for stablecoin transactions, may ban stablecoin withdrawals to self-custodial wallets like MetaMask.
Similar to Notcoin - Blum - Airdrops In 2024
|
As part of its efforts to keep up with changes in the financial world, the Brazil Central Bank (BCB) wants new rules on virtual currencies, especially stablecoins. The Central Bank said in a press release on November 29 that there would be a public consultation notice with a plan on how to regulate virtual asset […]
2024-12-1 07:00 | |
|
|
Brazilian authorities aims to align the treatment of cryptocurrencies with traditional financial instruments while addressing concerns about investor protection. The post Brazil Proposes Ban on Stablecoin Transfers to Self-Custody Wallets appeared first on BeInCrypto.
2024-12-1 16:21 | |
|
|
The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets. According to the public consultation notice, the transfer of stablecoins — called “tokens denominated in foreign currencies” — between residents would be restricted in cases where Brazilian law already allows payments in […] The post Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets appeared first on CryptoSlate.
2024-12-1 20:35 | |
|
|
The MBRL launch on TRON could accelerate blockchain adoption in Brazil, enhancing financial accessibility and digital currency integration. The post Mercado Bitcoin launches MBRL stablecoin on the TRON blockchain, pegged to the Brazilian real appeared first on Crypto Briefing.
2024-11-19 21:01 | |
|
|
This week in LATAM’s cryptocurrency landscape, Colombia and Brazil are emerging as leaders with promising growth opportunities. According to the recent Geography of Cryptocurrency Report 2024 by Chainalysis, the region has seen a remarkable 42.
2024-10-19 12:11 | |
|
|
Brazil’s stablecoin market is experiencing explosive growth, significantly outpacing Bitcoin in transaction volume on local exchanges. This surge reflects an increasing preference for stablecoins in B2B cross-border payments, driven by the need for stable US dollar exposure amid local currency fluctuations.
2024-10-10 22:56 | |
|
|
Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate…
2024-10-9 16:22 | |
|
|
Brazil’s biggest crypto exchange platforms Mercado Bitcoin, Foxbit and Bitso have teamed up to launch BRL1, the first stablecoin pegged to the value of Brazilian Real. According to Brazilian media outlet Valor on Oct. 8, Mercado Bitcoin, Foxbit and Bitso…
2024-10-9 12:35 | |
|
|
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.
2024-9-18 00:09 | |
|
|
Circle, the issuer of the USDC stablecoin, has broadened its payment functionalities to Brazil and Mexico, enabling transactions directly in local currencies—Brazilian reais and Mexican pesos. This move, announced on September 17, aims to streamline transactions by eliminating the need for currency conversion to US dollars, thus enhancing the flexibility and accessibility of USDC for […]
2024-9-18 21:08 | |
|
|
Previously, the stablecoin could only be purchased through crypto exchanges.
2024-9-18 19:30 | |
|
|
Circle has expanded its stablecoin operations in Latin America to include Brazil and Mexico. In a company statement, stablecoin operator Circle revealed that its (USDC) token can now be used to settle payments in Brazil and Mexico. The feature supports…
2024-9-18 19:10 | |
|
|
Circle announces support for USDC in Brazil and Mexico. The company has integrated local payment systems PIX and SPEI to enable local bank transfers with USDC. Stablecoin issuer Circle has announced that its USDC is now available in Brazil and Mexico, with users in the two countries now able to access the stablecoin via local […] The post Circle enables USDC transfers in Brazil and Mexico appeared first on CoinJournal.
2024-9-17 18:44 | |
|
|
U.Today's daily news digest keeps you informed of the most important updates in the crypto industry
2024-5-30 19:05 | |
|
|
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa).
2024-5-14 22:00 | |
|
|
BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.
2024-4-24 21:48 | |
|
|
In a strategic partnership, Circle and Nubank are bringing USDC, a leading regulated dollar stablecoin, to the forefront of Brazil's digital economy. This collaboration aims to redefine financial services in Brazil, setting a new standard in the digital currency domain.
2023-12-6 08:31 | |
|
|
Brazil’s Special Department of Federal Revenue, Receita Federal, has reported a bloom in stablecoin usage, particularly Tether-issued USDT. According to the report, USDT trading volume surpassed all cryptocurrencies combined recorded in 2022.
2023-10-31 19:00 | |
|
|
Brazil’s Receita Federal — the Special Department of Federal Revenue — has recently reported a substantial increase in the usage of stablecoins, specifically Tether’s USDT. According to the regulator’s report, the volume of USDT exceeded the combined trading volume of all other cryptocurrencies in 2022.
2023-10-30 02:48 | |
|
|
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.
2023-10-4 14:40 | |
|
|
According to recent market data, 50% of the Brazilian Real (BRL) volumes involve a stablecoin. The recent development poses an impressive figure about the usage of stablecoins in Brazil, especially as only 5% of the BRL volume involves USD directly.
2022-12-30 09:30 | |
|
|
The company, which already has a stablecoin tied to the Brazilian real, was licensed by the central bank of the South American country.
2022-11-4 22:37 | |
|
|
Tether has announced that starting November 3, 2022, and its USDT stablecoin will become available throughout Brazil in more than 24,000 automated teller machines (ATMs) operated by fintech company SmartPay.
2022-10-21 02:00 | |
|
|
The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs.
2022-10-21 18:55 | |
|
|
Coinbase is reportedly looking to go public, CENTRE has blacklisted a USDC address and U.S. sanctions could restrict crypto firms in China.
2020-7-9 19:05 | |
|
|
Brazil is moving to dollar-backed stablecoins as the country's economy continues to ail coupled with the looming uncertainty on its increasing COVID-19 cases. According to a Binance Brazil Representative, Mayra Siqueira, stablecoin traders have quadrupled since the year began with the USDT and BNB tokens dominating the market.
2020-7-9 16:09 | |
|
|
Brazillian National Bank for Economic and Social Development (BNDES) is funding a documentary using its ERC-20 token BNDES Token, according to reports by Cointelegraph in Brazil. The documentary is to be produced in collaboration with local cinema producer Elo Company.
2019-6-4 00:41 | |
|
|
Cryptocurrency exchange Binance is opening trading for three stablecoin pairs. Also in Tuesday’s Daily, Overstock’s Tzero has patented a solution to integrate traditional and cryptocurrency trading systems, Morgan Creek founder Jason Williams offers his Lamborghini for bitcoin, and in Brazil, crypto investors are looking to buy vaults to safely store their digital assets.
2019-1-8 15:45 | |
|
|
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
|
|
Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents.
2018-10-26 21:07 | |
|
|