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Nubank Seeks to Acquire Traditional Bank to Satisfy Brazilian Regulatory Requirements

According to recent reports, Nubank is strategically pursuing the acquisition of a small bank in Brazil, driven by new regulatory restrictions that prohibit fintech companies from using banking-related names without…

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Operation Kryptolaundry Dismantles $500 Million Crypto Money Laundering Group in Brazil

Conducted by Brazil’s Federal Police, the operation executed over 24 search and seizure warrants targeting a cryptocurrency money laundering organization that had been operating since 2021. The group was linked…

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Paradigm Leads $13.5M Round Backing Crown’s Real-Pegged BRLV Stablecoin

Crown has raised $13.5 million in a Series A round led by Paradigm as the São Paulo fintech expands its institutional stablecoin infrastructure and the circulation of its Brazilian real–pegged…

Continue ReadingParadigm Leads $13.5M Round Backing Crown’s Real-Pegged BRLV Stablecoin