For cryptocurrencies, the decision cuts Brazilian users off from a platform that has for years served as the industry’s town square. Crypto-supporter Jack Dorsey, who co-founded X when it was called Twitter, has supported two […]
Brazil, the South American juggernaut, has solidified its position as a global leader in cryptocurrency adoption during June, with an impressive surge in both individual and corporate usage of bitcoin (BTC) and other digital assets. […]
Mercado Bitcoin – the largest cryptocurrency exchange in Brazil – will reportedly participate in the country’s pilot project to launch a digital real. The central bank intends to issue such a financial product in 2024. […]
In 2022, the Brazilian CBDC pilot was officially announced, unveiling the plan to create a digital real pilot. This digital currency would be pegged to the national fiat currency, the real, ensuring a stable value. […]
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden’s National Security Council stated that reducing […]
“A user in Brazil can earn bitcoin playing a game like Solitaire, then instantly transfer that money to Bipa and exchange it for Brazilian reais,” the release states. “A user in the U.S. can lend […]
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