Tag: Brazil

Invest tech, RegTech

Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility

January 11, 2023


Brazilians Harness Stablecoins as Dollar Replacement The popularity of stablecoins in Brazil is soaring as investors and companies are looking to take refuge in the U.S. dollar to hedge against the volatility of the asset market. Executives from several exchanges […]

Blockchain, Crypto

President of Brazil Sanctions Cryptocurrency Law

December 23, 2022


Cryptocurrency Law Finally Sanctioned in Brazil Brazil has, at last, approved its cryptocurrency law in the nick of time. After having completed almost the whole period for taking action, President Jair Bolsonaro signed bill 14.478 into law on Dec. 21, […]

Blockchain, Crypto

Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023

November 21, 2022


Brazilian Bank Itau Unibanco to Debut Crypto Custody Offering Itau Unibanco, one of the largest private banks in Brazil and Latam, has decided to step into the crypto-related services business. The company announced on Nov. 17, 2022, that it plans […]

Blockchain, Crypto

Santander bank trials blockchain platform for used cars in Brazil

October 24, 2022

Via: Cointelegraph

Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration. Santander Brasil has launched testing of a blockchain-based tokenization platform for transferring ownership of used cars in […]