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Brazil
Brazil’s Largest Bank Itaú Unibanco Mulls Its Own Stablecoin
The bank’s decision will depend on regulatory developments in Brazil and the success of stablecoin rollouts by U.S. financial institutions.
Brazil Bars Major Pension Funds From Investing in Cryptocurrencies
The move contrasts with developments in other countries, such as the U.S. and U.K., where some pension funds have begun to experiment with crypto exposure.
Brazil’s Postal Service Seeks Blockchain, AI Solutions for Operations
Through a pre-selection process it aims to find blockchain and AI-based solutions to enhance its operations.
Brazilian Fintech Méliuz to Allocate 10% of Cash Reserves to Bitcoin
The company has already purchased $4.1 million worth of BTC as part of its long-term treasury strategy.
Brazilian Stock Exchange B3 Reportedly Launching Bitcoin Options, ETH and SOL Futures
The move builds on its successful bitcoin futures trading and is set to strengthen Brazil’s cryptocurrency market.
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
Hyla Fund Management is starting a new LatAm crypto funds and wants to become the "Goldman Sachs for digital assets."
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
Previously, the stablecoin could only be purchased through crypto exchanges.
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.
Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling
Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.
