Why Brazil’s Largest Bank Eyes Stablecoins Amid Crypto Regulation Clampdown
Brazil’s largest bank plans a real-pegged stablecoin while regulators tighten their grip. With 70% of $12.9B in crypto flowing through stablecoins, Itaú’s move could reshape the financial landscape. Will it succeed?
Brazilians’ Surprising Preference: Cryptos Overtake Traditional Investments Like Dollars and Stocks
While Brazilians traditionally choose savings accounts, cryptocurrencies now outpace stocks by 5:1. History of inflation fuels this surprising shift. Young Brazilians eagerly embrace digital assets.
Brazil’s Bold Move: Retirement Funds Barred From Risky Crypto Investments
While the world embraces crypto retirement options, Brazil shuts the door on pension funds—sparking debate between innovation and security. Your future savings hang in the balance.
