News Brazil Cryptocurrencies: Brazil Bars Major Pension Funds From Investing in Cryptocurrencies
Published on: Monday 31 March 2025
News source: https://www.coindesk.com/policy/2025/03/31/brazil-bars-major-pension-funds-from-investing-in-cryptocurrencies
Brazil's CMN prohibited a specific class of pension funds from using crypto in their reserve portfolios. The decision contrasts with moves by U.S. states allowing limited crypto exposure in pension ...
News Brazil Cryptocurrencies: Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Published on: Thursday 13 January 2022
News source: https://cointelegraph.com/news/brazilian-mayor-to-reportedly-invest-1-of-city-reserves-in-bitcoin
Rio de Janeiro mayor Eduardo Paes is planning to turn the city into “Crypto Rio” and allocate 1% of the city’s treasury into Bitcoin.
News Brazil Cryptocurrencies: Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report
Published on: Thursday 13 January 2022
News source: https://www.coindesk.com/business/2022/01/14/rio-de-janeiro-to-allocate-1-of-treasury-reserves-to-crypto-report/
The mayor of Rio de Janeiro said Thursday he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies, according to a Globo report. "We are going to launch ...
