The central bank of Brazil has moved to classify bought and sold crypto assets as per the laid out International Monetary Fund (IMF) guidelines. Brazil’s central bank announced its decision on Aug 26. Under the new IMF standards, traded cryptos…
New Brazilian President Shreds Plan by previous Administration of Launching Crypto-currency for the Country’s Indigenous People
Newly elected Brazilian president, Jair Bolsonaro, who assumed office only a week ago has criticized a project that had offered to create a crypto-currency for indigenous people and revealed that plans to advance that project had been shelved. Bolsonaro also…
