Cryptocurrency Market

  • Market Cap: $2,525,180,057,941.14
  • 24h Vol: $113,116,509,755.04
  • BTC Dominance: 51.55%

Central Bank of Brazil

parfin-creates-new-blockchain-to-be-used-as-privacy-solution-for-brazilian-cbdc

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC

Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2). […]

Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC Read More »

digital-real-pilot-to-run-on-ethereum-compatible,-permissioned-blockchain

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to run without any licensing costs and to deal with maintenance costs later,

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain Read More »

brazilian-digital-real-passes-public-blockchain-pilot-test-with-flying-colors

Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors

A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used in public blockchains following all compliance rules set

Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors Read More »

central-bank-of-brazil-to-test-security-and-transaction-privacy-levels-of-the-digital-real

Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real

The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation to transact with a still-to-be-determined tokenized asset.

Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real Read More »

sao-paolo-court-ruled-against-binance-in-user-withdrawal-related-case

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case

A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related complaint. A user, who introduced a lawsuit against the exchange because he couldn’t retrieve his funds from the platform, received almost $2,000 in damages and the funds deposited as part of the court decision

Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case Read More »

bradesco,-one-of-brazil’s-largest-banks,-launches-tokenized-credit-notes-in-blockchain-pilot

Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot

Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also distributed by Bradesco. Bradesco Launches Asset Tokenization

Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot Read More »

brazilian-cryptocurrency-law-likely-to-be-reviewed-by-lula’s-government

Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government

The recently approved Brazilian cryptocurrency law will likely be reviewed and revised by the newly inaugurated government of Luis Inacio “Lula” Da Silva. According to statements made by the former rapporteur of the law, Expedito Netto, the new government will likely review the law to include some issues that were left behind for its approval.

Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government Read More »