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Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach…
The adoption of stablecoins in Brazil continues to grow, now reaching beyond the cryptocurrency sector. The main point behind this rise in adoption across several industries is that stablecoin payments…
The arrests of the two singers and others were part of Operation Narco Fluxo, a high-level operation executed by the Brazilian Federal Police across several states. The flows intermediated using…
The legislative caucus of Brazil’s Workers’ Party has filed a bill proposing an outright federal ban on online gambling, escalating what had been campaign rhetoric into formal legislation that would…
Shrinkflation, a phenomenon featuring products shipped in smaller quantities but sold at the same prices, is starting to hit the Brazilian economy, as inflation has taken a turn for the…
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…