Tag: Central Bank of Brazil

President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies

The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that......

Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real

Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo......

Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year

Brazilians have brought over $4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial asset balance report presented shows that Brazilians have consistently acquired over $350 million dollars of cryptocurrencies each month since......