News list for " Brazil"
Brazilian Financial Institutions Group Braza Group has launched USDB, a US dollar stablecoin backed by US and Brazilian bonds, on XRPL to enable fast and stable global transfers.
The city council of Belo Horizonte, Brazil, voted 20 to 8 with 6 abstentions to approve a bitcoin-related bill. The bill will provide incentives for businesses that accept bitcoin payments, including promotion in city advertising campaigns and an educational campaign to help citizens adapt to digital transformation. The bill is now before the mayor's office for final approval.
The Brazilian central bank raised interest rates by 50 basis points to 14.75%, in line with market expectations.
April 28 news, recently, the United States Department of Agriculture data show that China's imports of agricultural products from the United States has dropped sharply. At the same time, a number of Brazilian soybean ships have docked at Ningbo Zhoushan Port Laotangshan operation area. Tan Zhu exclusively learned that in April this year, the number of Brazilian soybean ships docked increased by about 48% year-on-year, and the load reduction increased by about 32%.
The world's first XRP-linked spot exchange-traded fund (ETF), issued by Hashdex and managed by Genial Investimentos, began trading on the Brazilian stock exchange B3 on April 25. The ETF, under the symbol XRPH11, tracks the Nasdaq XRP reference price index. According to Hashdex, the ETF will allocate at least 95% of its net assets to XRP.
Brazilian fintech company Meliuz has proposed a plan to expand its bitcoin holdings and make the cryptocurrency a strategic asset on the company's books. The company will unveil key strategic assets in its company finances to shareholders at a shareholders meeting scheduled for May 6. If shareholders approve the measure, bitcoin will be used as the company's main strategic financial asset, but the company will also seek to "generate incremental bitcoin for shareholders, whether through generatin...
According to Cointelegraph, the 3rd Collegiate Chamber of the Brazilian High Court has unanimously ruled that the court can seize the debtor's cryptocurrency assets to repay creditors. According to the ruling, judges can now issue a notice to cryptocurrency exchanges to request the seizure of the account holder's assets for debt settlement. In a memo posted on its website, the high court noted that although cryptocurrencies are not legal tender, they can be used as a means of payment and a store...
On April 1st, a Brazilian court has approved the use of an NFT to notify an unidentified defendant in a case involving missing bitcoins linked to the alleged pyramid scheme company BWA Brazil. The decision stems from legal proceedings brought by a BWA Brazil bankruptcy estate court-appointed trustee who sought to interrupt litigation related to claims related to crypto assets allegedly acquired using creditor funds...
4月1日消息，巴西一家法院已批准使用NFT向一起涉及失踪比特币案件的未确认被告发出通知，这些比特币与涉嫌传销的BWA Brazil公司有关。这一决定源于BWA Brazil破产财产法院指定受托人提起的法律诉讼，该受托人试图中断与据称使用债权人资金获取的加密资产相关索赔的诉讼时...
Brazil's top financial policy body has banned some pension funds from investing in cryptoassets, citing the high risk of cryptocurrencies. The National Monetary Commission (CMN) has prohibited closed-end pension institutions (EFPCs) from investing any portion of their guaranteed reserves in Bitcoin (BTC) or other digital currencies. These closed-end pension institutions (EFPCs) manage the retirement savings of tens of thousands of union members and corporate employees, and their reserves typical...
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.
Brazilian fintech unicorn Meliuz has announced that it has started buying bitcoin as part of a new financial management strategy, joining the growing number of traditional financial firms holding crypto assets. Meliuz, which mainly provides cashback and fintech services, has its board of directors approved the allocation of up to 10% of its cash reserves to bitcoin (BTC), marking its official entry into the cryptocurrency market. Meliuz has completed its first bitcoin acquisition, purchasing 45....
According to the social media disclosure of former Brazilian footballer Ronaldinho, it has officially launched its only official token, STAR10. Ronaldinho announced on social media: "My new and only official token has arrived! It's time to celebrate greatness, passion and the spirit of legend that never fades. Legends are not born... but forged. You can choose to be a part of it."
The Brazilian government is considering cutting ethanol import taxes in a show of support for US President Donald Trump.
