The acquisition, which is step one in 2TM’s plans to expand into Europe, still needs approval from Portugal's Central Bank, 2TM told CoinDesk in a written statement, although the company expects that to occur “within the next couple of months.” Source link … [Read more...] about Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
Brazils
Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to make strategic acquisitions to achieve its goal of expanding into Argentina, Chile, Colombia and Mexico, 2TM CEO Roberto Dagnoni told Bloomberg Tuesday.The company is looking to become a provider of blockchain infrastructure for financial markets in Latin America, … [Read more...] about Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report
Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report
The Central Bank of Brazil (BCB) plans to launch a pilot of a digital currency (CBDC) by 2022, BCB President Roberto Campos Neto said on Friday, local media outlet Estadao reported.In September, the BCB told the Brazilian Senate that it planned to launch the final version of a digital real in 2024, according to estimates made by Fabio Araujo, an economic advisor to the BCB, who … [Read more...] about Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report
Brazil’s Largest Crypto Exchange Mercado Bitcoin to Issue 2 Renewable Energy Tokens: Report
Mercado Bitcoin, Brazil’s largest crypto exchange, reached an agreement with Brazilian energy trader Comerc to release two renewable energy tokens, Reuters reported Wednesday.The first token will work as a cashback for Comerc customers who generate renewable energy through its distributed generation system, Sou Vagalume. The company plans to allow the purchase of the token for … [Read more...] about Brazil’s Largest Crypto Exchange Mercado Bitcoin to Issue 2 Renewable Energy Tokens: Report
Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC
Brazil’s B3 stock exchange could serve as the information oracle for the smart contract system of a digital real (CBDC), according to the Central Bank of Brazil (CBC).Mardilson Queiroz, part of the CBC’s department of financial system regulation, said that B3 could act as one of the system’s “oracles”, creating a bridge between external data and a digital real, Cointelegraph … [Read more...] about Brazil’s Central Bank Says Local B3 Stock Exchange Could Be Oracle of Its CBDC