- Дата: 11-05-2023, 20:21
To further enhance competition in credit markets, specifically for lengthy-term credits, Fintech options ought to even be integrated into the lending reform at the moment underway within the nationwide growth financial institution BNDES. The Brazilian Administrative Council for Financial Defence (Conselho Administrativo de Defesa Economica, CADE), for instance, is currently investigating a case where major banks have allegedly frozen the bank accounts of corporations dealing with cryptocurrencies (e.g. brokers) (Takar, 2019), successfully limiting competitors from new market players. In 2018, BCB introduced two new types of credit score institutions with the purpose to reinforce competitors in the credit market and to reduce high curiosity charges. In early 2018, Moeda began a first pilot, involving the choice and support of 18 tasks involving family farming co-operatives in Brazil. BitYard also gives OTC companies for buying USDT with low trading charges that cater to first time traders and institutions alike. A first assessment of the relevant legal foundation, commissioned by the Laboratory of Financial Innovations (LAB) (Box 6.4), highlights particularly a need to adjust current authorized routes to public innovation contracting to raised account for the start-up character of most Fintech corporations, e.g. with regard to monetary sustainability, scale or business mannequin validation. The selected projects also obtain help in technical areas, business planning and sustainability via the Moeda Seed Program.