The Central Bank of Brazil is concentrating this Tuesday (27) around the Financial Stability Committee (Comef). However, a BCB regulatory director marked space in his agenda to receive members of the Binance Brazil. Otávio Ribeiro Damaso is Director of Regulation at the Central Bank of Brazil, with a mandate until December 31, 2024. And since […]
Tag: BCB
Brazil’s Central Bank Wants to Accelerate Cryptocurrency Projects; R$400M Already Injected into Participating Startups
The Laboratory for Financial and Technological Innovations (LIFTING), joint initiative of Brazilian central bank and the National Federation of Central Bank Employees’ Associations (Fenasbac) have announced the resumption of activities with the aim of accelerate cryptocurrency and blockchain projects. After a break in 2023, the laboratory, which has been promoting innovation in the National Financial […]
Bitcoin does not serve as a store of value or as a means of payment, the Central Bank of Brazil says
In a recent live broadcast by the Central Bank of Brazil, Antônio Marcos Guimarães, advisor at the Central Bank’s Financial System Regulation Department, revealed the authority’s view on Bitcoin and cryptocurrencies. During the broadcast, Guimarães spoke about Bitcoin’s “limitations” in fulfilling essential functions of a sovereign currency, especially since store of value It is unit […]
“The closer cryptocurrencies are to the government, the easier it will be to regulate,” says the BC president
Roberto Campos Netopresident of the Central Bank of Brazil (BCB), argued that cryptocurrencies should not be banned, but they should be introduced into the financial market, which would help the government regulate the sector. While participating in the event “Digitalization of the economy: innovation agenda of the Central Bank of Brazil”held last Wednesday (6) in […]