Brazil

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency
Brazil

Banks in Brazil Set to Introduce New Payment System to Rival Cryptocurrency

The central bank of Brazil is looking to provide a 24-hour payment system with a speed capacity of 10 seconds via the use of mobile apps, internet banking, and ATMs. Code named PIX, it is set to directly rival the use of cryptocurrency in the country.

Brazil Records the First Blockchain-Based Birth Certificate
Brazil

Brazil Records the First Blockchain-Based Birth Certificate

The first birth certificates recorded on the blockchain was issued in Brazil to Álvaro de Medeiros Mendonça.

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines
Brazil

Brazil Central Bank Moves to Follow IMF Crypto Classification Guidelines

The Central Bank of Brazil has adopted the classification of cryptocurrencies being sold or purchased under the International Monetary Fund (IMF) guidelines.