Brazil


Finance

Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin

The company, which has 30 million active users, will offer bitcoin, ether and USDP trading.

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

Finance

Binance Resumes Local Currency Deposits With Brazilian Payment System Pix

On Wednesday, withdrawals were also enabled by the company, which had suspended both features on June 17.

Brazilian flag (Mateus Campos Felipe/Unsplash)

Finance

Binance Suspends Withdrawals and Deposits in Brazil Following New Central Bank Policy

The suspension applies to transfers made via the government's payment system Pix.

Brazilian flag (Shutterstock)

Finance

Brazilian Crypto Unicorn 2TM Lays Off Over 80 Employees

The company cited “the changing global financial landscape.” Its main competitor in Latin America, Bitso, laid off a similar number of people last week.

Roberto Dagnoni, CEO y presidente ejecutivo de 2TM Group, la empresa holding de Mercado Bitcoin. (2TM)

Finance

Brazilian Stock Exchange B3 to Launch Bitcoin Futures Within Six Months

The firm is building the infrastructure to offer crypto market access to end users, CFO André Milanez said on Monday.

Brazilian flag (Mateus Campos Felipe/Unsplash)

Finance

Brazil’s Largest Brokerage, XP, Set to Launch Crypto Trading Feature

Built on Nasdaq's trading technology, the platform will allow users to buy bitcoin and ether.

Sao Paulo, Brazil (Bruno Thethe/Unsplash)

Finance

Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading

The trading and custody service is being provided by blockchain infrastructure company Paxos.

Brazilian flag (Shutterstock)

Markets

Bitcoin Back Over $40K as More Countries Embrace Crypto

Fresh signs emerged of accumulation by investors and greater adoption by nations from Africa to Central and South America.

Bitcoin was up 3.2% in the past 24 hours, changing hands at $40,206. (CoinDesk)

Finance

Dubai-Based Bybit Makes Move Into Latin America With Launch of Brazil Operation

Brazil is seen as a big prize, with a number of crypto exchanges eyeing the country in 2022.

Brazilian flag (Shutterstock)

Policy

Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions

The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch.

Brazilian flag (Shutterstock)