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.
Brazil
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
Hyla Fund Management wants to become the Goldman Sachs of crypto. The firm plans on launching a new Latin America crypto fund as part of its strategy.
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.
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
Elon Musk (Richard Bord/WireImage)
Elon Musk warns of investment risk in Brazil, USD/BRL chart reacts
Elon Musk‘s legal battle against the Brazilian Supreme Court judge, Alexandre de Moraes, gained a new chapter this week. As … Continue reading
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BlackRock Lists Ethereum ETF on Brazilian Stock Exchange
The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.
Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin
Customers of Mercado Libre digital bank subsidiary Mercado Pago will be able to buy and sell Meli Dollar with their Brazilian reais balances.
Second Solana ETF Approved in Brazil
Rio de Janeiro, Brazil (Raphael Nogueira/Unsplash)
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
The Latin American country’s agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.