News list for "Central bank of Brazil"
Brazil's central bank has officially unveiled a regulatory framework for the crypto industry, requiring all virtual asset service providers (VASPs) to obtain a central bank license and hold a capital base of at least 10.80 million to 37.20 million reais (about $2 million to $7 million) depending on the type of business. The new regulations bring crypto activities under the scope of foreign exchange and capital markets supervision, require companies to regularly report cross-border transaction da...
Brazil's central bank has announced new rules for the operation of the cryptocurrency market.
According to market news, Brazil's central bank will discuss the inclusion of bitcoin in its foreign exchange reserves in November.
According to crypto detective ZachXBT, the Brazilian central bank service provider C & M Software suffered a cyber attack and lost about $140 million, making it one of the worst cyber security incidents of the year. The attackers converted fiat currencies to Bitcoin, Ethereum and USDT, and operated through Latin American over the counter platforms and exchanges, estimating that at least $3,000-40 million was converted into cryptocurrencies. A Brazilian law enforcement investigation found that th...
The Brazilian central bank raised interest rates by 50 basis points to 14.75%, in line with market expectations.
The Brazilian central bank raised interest rates by 100 basis points, lifting the base rate from 13.25% to 14.25%, in line with expectations.
The Central Bank of Brazil: The interest rate decision was unanimously approved, and the committee expects another minor adjustment at its next meeting.
According to Bitcoin.com, Gabriel Galipolo, the new governor of Brazil's central bank, said that more than 90% of cryptocurrency use in the country is stablecoins transactions. The central bank's analysis found that stablecoins are mainly used for cross-border transfers, and there are risks of tax evasion and money laundering. Galipolo pointed out that the central bank initially believed that stablecoins were popular because they provided people with a convenient way to hold dollars. But after i...
21:00-7:00 Keywords: KULR, Central Bank of Brazil, ChainOpera AI, MicroStrategy 1. Two former cryptocurrency exchange FTX executives received reduced sentences. KULR spent $21 million to buy about 217 bitcoins; 3. The Central Bank of Brazil has proposed banning the transfer of stablecoins to self-custodial wallets. 4. Strive Asset Management applied to the US SEC for a bitcoin bond ETF; 5. L1 blockchain ChainOpera AI completed a $17 million seed round of financing; 6. Japanese Prime Minister: Th...
According to market sources, the Brazilian central bank has proposed banning the transfer of stablecoins to self-custodial wallets such as MetaMask and Trezor.
