Brazilian Securities and Exchange Commission (CVM) ordered Monday the ban on cryptocurrency exchange Bybit from engaging in the securities brokerage business. In a statement released on Monday, the CV...
Tag: Brazil
Fund Up 21% a Year Since 1997 Buys Brazil Stocks Before Vote
(Bloomberg) — A Brazilian fund with annualized returns of 21% since 1997 is piling into local stocks after they sank to the lowest in more than a decade, shrugging off concern over a divisive pr...
Brazil’s central bank picks Itaú DeFi project among new innovation proposals
Brazil’s central bank picked proposals for eight new projects to advance through its innovation lab, including a decentralized finance (DeFi) liquidity pool from Itaú Unibanco, the country’...
Two New Crypto Brokerages Opened in Brazil: Against The Tide?
Join Our Telegram channel to stay up to date on breaking news coverage With the recent developments and overall statistics around cryptocurrencies in Brazil, the country shows a ray of optimism around...
Itau Unibanco Selected by Central Bank of Brazil to Build Real-Pegged Stablecoin Solution – News Bitcoin News
Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the country’s central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itau’s ...
Rico unveils plan for crypto services in Brazil
Crypto is gradually finding its feet in the Brazilian market. Recently, a popular Brazil-based brokerage platform Rico unveiled plans to venture into the crypto market next year. The advancement will ...
Argentine Crypto Exchange Ripio Launches Crypto Prepaid Debit Card in Brazil
Latin American cryptocurrency company Ripio partnered with Visa on August 24, to launch a cryptocurrency prepaid debit card in Brazil that supports payments with cryptocurrencies. Holders of the card ...
Latam Giant Mercado Libre Launches Mercadocoin in Brazil – News Bitcoin News
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Merca...
Mercado Libre launches cryptocurrency in Brazil for loyalty rewards
Latin American e-commerce company Mercado Libre has introduced a cryptocurrency as part of its loyalty program in Brazil as it seeks to provide more value and experiences to its regular customers. The...
Ripple partners with Travelex to launch enterprise crypto payment service in Brazil
Ripple’s XRP token is set to be used to facilitate fast and cost-effective cross-border transactions in Brazil, after the launch of RippleNet’s On-Demand Liquidity (ODL) with forex company Trave...
Ripple Launches Crypto Payment Service In Brazil
– Advertisement – Blockchain Payment Solution Provider Ripple Signs Partnership With Travelex Bank to Roll out On-Demand Liquidity. Leading blockchain technology and payment solutions pr...
Ripple Launching XRP-Fueled Payments Service in Brazil in Partnership With Latin American Bank
Payments platform Ripple Labs is teaming up with Travelex Bank in Brazil to bring XRP-based remittances to the seventh most populous nation in the world. According to a new press release, the San Fran...
Ripple Launches ODL Service In Brazil
Ripple has partnered with Latin American bank Travelex to launch the first On-Demand Liquidity (ODL) service in Brazil. Ripple Partners With Brazilian Bank Ripple is on a global expansion mission. In...
Ripple launches crypto payments in Brazil
Yesterday, Ripple announced a new partnership with Travelex to launch crypto payments in Brazil. New partnership between Ripple and Brazil Bom dia! Brazil is open for Ripple’s On-Demand Liquidity wit...
E-commerce giant MercadoLibre launches its own cryptocurrency for Brazil customers
Despite volatility and bleak warnings about its future, the cryptocurrency sector is growing, with new coins appearing every day, including one by South American e-commerce company MercadoLibre, whose...
Mercado Libre Broadens Crypto Offerings in Brazil
Mercado Libre’s MercadoCoin is available to 500,000 users, with a further 80 million expected by month’s end The token lets users earn crypto rewards as cashback on purchases and pay for goods on Merc...
Ripple Launches Crypto On-Demand Liquidity Service in Brazil
Ripple, a US-based leading provider of crypto solutions for businesses, announced on Thursday the launch of its crypto on-demand liquidity (ODL) in Brazil. According to the statement, Travelex Bank wi...
E-commerce Giant MercadoLibre Launches its Own Cryptocurrency MercadoCoin in Brazil
On August 18, MercadoLibre Inc, a multinational e-commerce company based in Latin America, announced the creation of a new cryptocurrency called MercadoCoin, which will be implemented in its loyalty p...
Ripple Launches ODL In Brazil; Will This Pump XRP’s Price
Ripple Labs Inc on Thursday announced that it has launched On-Demand Liquidity (ODL) services in Brazil. Despite being strangled in the lawsuit against SEC, the blockchain firm is making an impact glo...
Ripple and Travelex partner up to launch crypto payments in Brazil
Crypto technology firm Ripple and Latin American Bank Travelex inked a new partnership on August 18 to spread instant cross-border crypto payments in Brazil using Ripple’s On-Demand Liquidity (ODL) so...
BTG Pactual confirms official launch of Brazil crypto platform
Latin America investment bank BTG Pactual confirmed that its crypto trading platform Mynt is officially available to the public, adding yet another layer of competition in the Brazilian market for fin...
Major Brazilian broker XP opens crypto trading platform
Major Brazilian broker XP is the latest financial firm in the country to offer its customers the ability to trade crypto, with its platform Xtage launching today. XP executives rang the opening bell ...
Brazil Witnesses Introduction of New Crypto Trading Platforms
15 mins ago | 2 mins read Exchange News In September of last year, Mynt’s release was announced. Key Brazilian broker XP has also shifted its focus to the cryptocurrency market. Bitcoin (BTC) and othe...
Brazil brokerage giant with 3.6M clients launches BTC and ETH trading
Brazilian brokerage giant XP Inc has officially launched its crypto trading platform ‘XTAGE’ in Brazil, bringing a potential 3.6 million users to the crypto markets. The news was broke in an Au...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies – Coinotizia
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necess...
New Brazil bill wants to tokenize mined gold on blockchain
Brazil’s Federal Deputy Joenia Wapichana has proposed a bill to tokenize gold mined in the country via blockchain technology. According to Wapichana, the country should be able to account for gold min...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies – Regulation Bitcoin News
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necess...
Gold tokenized in Brazil: Legislative official proposes crypto project
Recently a member of the legislature in Brazil requested gold tokenization. According to reports, the official proposed that the link with crypto will address the problem of irregular mining carried o...
Brazil introduces bill to tokenize gold on blockchain
Brazil, the biggest country in South America, has passed a new bill to tokenize all gold mined in the country. The new bill was initiated by Brazil’s first indigenous lawyer, Joenia Wapichana. The bil...
Vinteum launches in Brazil to aid the Bitcoin ecosystem
Vinteum, a nonprofit Bitcoin research and development firm, has been unveiled in Brazil. The firm announced the development in its press release. The entry of Vinteum into Brazil will help facilitate ...