According to information from Agência Senado, the bill that regulates the so-called carbon market, the Brazilian Market for Emissions Reduction (MBRE) was approved by...

Brazil is all set to become the latest country in Latin America to legally recognize digital currencies, with a new pro-Bitcoin bill heading to the Senate for its approval. The bill has been in the works for three years now and will regulate the day-to-day uses of digital assets. First introduced in 2019, the bill was unanimously […]

Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds. (Read More)

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions.

The finance minister announced a raft of digital economy support measures in her Union Budget 2022-23 speech.

“These innovations have the potential to disrupt finance, just as social media has disrupted communication, or online shopping has changed retail,” said Matt Hancock.

To CBDC or not, that is the question! Here is our pick of the 3 most important Stablecoin news stories during the week. This week we saw arguments for and against the implementation by Central Banks of a state backed stablecoin or CBDC.   Firstly, the BIS published a study on the rise and power of digital […]

The post Stablecoin News for the week ending Wednesday 19th January. appeared first on Daily Fintech.

The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.

If regulating crypto wasn’t hard enough, one particularly sticky area to navigate is the question of crypto ads and commercials. Across the Atlantic, this matter has been causing a row for quite some time. Now, new information has put the ethics of crypto advertisements under a brighter spotlight. The numbers are bonkers An investigation into […]

According to British lawmakers, a central bank digital currency (CBDC) is likely to raise the cost of borrowing while hurting financial stability. They insist the touted potential advantages of a digital pound are being overstated. Erosion of Privacy British lawmakers have said the use of a central bank digital currency when making regular payments […]

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs […]

Congressman Emmer says CBDCs could be a Fed "surveillance tool that Americans should never be forced to tolerate from their own government."

The post ‘Digital authoritarianism’: Congressman wants Fed banned from CBDCs appeared first on Protos.