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The bank announced that it is considering making Pix, a Brazilian instant payment network, available to other countries, allowing cross-border payments and remittances using this system. The U.S. government has…
The recent attacks on the Pix system by the U.S. government evolved into a situation that might tilt the balance toward any of the candidates before the upcoming election, with…
The New York-based infrastructure firm OpenFX has secured $94 million in Series A funding to expand its real-time stablecoin settlement rails across global markets. OpenFX announced on March 31, 2026,…
Mercado Libre is shutting down mercado coin, its Brazil-based cryptocurrency loyalty token, effective April 17, 2026, nearly four years after the company launched it as a cashback reward inside its…
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in anticipation of the upcoming elections. Dario Durigan, the recently confirmed…
Ripple accelerates a sweeping expansion across Brazil’s financial system, positioning itself at the center of institutional crypto infrastructure as demand surges for faster payments, tokenization, and dollar-backed assets in Latin…
Ripple announced earlier today that it has significantly enhanced its presence in Brazil by incorporating some of its key features in the local market, including cross-border payments and digital asset…
Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in Brazil. The betting lobby argues that prediction market contracts constitute…
After President Lula proposed a ban on online betting platforms in Brazil, as the country faces a gambling epidemic, unregulated prediction markets may be hurt. Analysts agree that these platforms…
Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate in regulated prediction markets. XP is the first company to…