Categories: Bitcoin Business

Blockchain and Crypto Enthusiast is Proposed by Brazil’s New President as Head of The Central Bank

Click here to view original web page at

Brazil’s new president, Jair Bolsonaro, has decided to promote a technological evolution and make the country a regional reference in the adoption and use of blockchain and digital assets to optimize the control and design of public policies.

Economist Roberto Campos Neto: Courtesy UOL

According to an article published by Reuters, Economist Roberto Campos Neto was appointed by President Jair Bolsonaro as Head of the Central Bank. Mr. Campos has been a strong proponent of blockchain technologies. In fact, according to the report, Campos Neto has already sent a letter to the Brazilian Senate outlining his successful track record as the man behind a number of technological innovations in several banks and financial service providers.

Campos Neto already has Bolsonaro’s nomination, but he must have the Senate’s ratification in order to assume as Head of the Central Bank. This decision could happen in late March if everything goes according to plan.

In the letter to the Senate, Campos Neto explains his intention to prepare the Central Bank to adopt blockchain technologies. He mentions that he has already conducted an intensive study of blockchain technologies and digital assets:

“I have studied and dedicated intensely to the design of what will be the financial system of the future. I participated in studies on blockchain and digital assets. One of the contributions I hope to bring to the Central Bank is to prepare the institution for the future market, where technologies advance exponentially, generating more rapid transformations, “

Campos Neto is Familiar With The Concept of Crypto And DLTs

Campos Neto’s administration continues the efforts started by the current president of the Central Bank, Ilan Goldfajn who had already paved the way to implement instant payments with real-time bank transfers.

So far the government of Bolsonaro has not set an official position on the market of cryptocurrencies, however, in June 2018, Goldfajn started a project that would use blockchain technology to allow a fast and secure exchange of data between regulatory agencies.

Also, in the middle of last year, Goldfajn described Bitcoin as a risky asset with a very innovative underlying technology. So far it is unknown which could be the future for Mr. Goldfajn, however, given his good results on the previous position, it is much likely he is being considered for similar positions

Man Who Predicted Tech Surge Makes NEW Shocking Prediction

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

Terrorists are turning to Bitcoin for funding, and they’re learning fast

Representational image of Bitcoin. (File: Bloomberg) By Nathaniel Popper Hamas, the militant Palestinian group, has been designated a terrorist organization… Read More

21 mins ago

Latest Faketoshi says he conveniently ‘lost the hard drive’ containing billions in Bitcoin

Just yesterday we told you how there was a new Faketoshi in town, staking a questionable claim to the Bitcoin… Read More

21 mins ago

Study Suggests Scarcity Could Drive Bitcoin Prices to $60,000 by May 2020

Share Tweet Send Share Bitcoin price predictions have been coming thick and fast in recent months as the world’s top… Read More

21 mins ago

“Bitcoin will never hit 50k” says crypto skeptic Peter Schiff

For a man that wants nothing to do with Bitcoin , economist and Euro Pacific Capital CEO Peter Schiff never… Read More

21 mins ago

Casa Releases Node Monitor Service to Improve Bitcoin Network Health

Casa, a crypto firm that provides a private key management service and Bitcoin node machine, has unveiled a node monitor… Read More

22 mins ago

ETC/ETH Technical Analysis: Ethereum Classic breaks higher

Ethereum Classic vs Ethereum: Classic is making a comeback today An important price level has been broken 0.037673 looks to… Read More

22 mins ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More