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.
Brazil
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.
Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding
The company plans to reach $16 million by the end of a second closing.
Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central database.
Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang
The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday.