According to director João Manoel Pinho de Mello, central bank digital currencies can expand financial inclusion and reduce the cost and time of cross-border transactions.
Each tasty treat costs 3 DOGE, or roughly 60 cents.
Nominated by President Jair Bolsonaro, he received approval from the Senate's Economic Affairs Commission.
The operation was carried out on intelligence gathered over a three-year investigation into alleged fraud and and embezzlement scams.
The company contemplates acquisitions in Argentina, Chile, Colombia and Mexico.
QR Capital's bitcoin ETF started trading on the Sao Paulo-based B3 exchange under the ticker QBTC11.
BCB said the timeframe for a CBDC depends on the evolution of its current projects and the international landscape.
The investment is part of a G Series funding round carried out in January.
The “Bolsonaro 2022” futures contract should theoretically track the Brazilian president’s perceived chances of re-election.
The firm has $76 million in assets under management.
Latin Americans are increasingly turning to stablecoins as a store of value.
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
The Brazil Securities and Exchange Commission (CVM) has approved QR Capital's bitcoin ETF which will trade on the Sao Paulo-based B3 exchange.
Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.