Brazilian Financial Authorities Announce Regulatory Sandbox For Blockchain
“This initiative is an answer to great transformation”, the regulators said.
Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals.
The World Bank is teaming up with MakerDAO to bring blockchain education to Brazilian favelas.
The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.
Executive director Suzanne Pelletier told CoinDesk old school philanthropy isn’t making the cut, necessitating new donation methods.
Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.