Brazil

Brazil

Markets

Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich

The contracts are regulated by Brazil's securities regulator and designed for professional investors with at least 10 million reais ($1.9 million) in assets.

Trading chart (Vladislav Maslow)

Finance

Mercado Libre shuts down Mercado Coin, ending its loyalty-driven crypto experiment

Starting April 17, users will no longer be able to buy, sell or earn cashback in Mercado Coin, but can sell, spend, or have the token converted to local currency.

A person holding a payments card sits at a computer (Rupixen/Unsplash)

Policy

Brazil passes law turning seized crypto into public-security war chest

The law lets authorities use crypto seized during investigations and expands their power to freeze, block or seize funds in a bid to crack down on criminal organizations.

Brazil's flag (Rafaela Biazi/Unsplash)

Finance

Ripple looks to expand crypto and payment services in Brazil

The blockchain firm is adding custody, payments and brokerage tools for digital asset management and tokenization as it plans to apply for regulatory approval from the central bank.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Finance

Brazil industry giants representing 850 companies decry stablecoin tax threat

They argue the tax would be illegal, violating Brazil's Constitution and Virtual Assets Law, as stablecoins are not considered fiat currency.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Markets

Latin America’s crypto user growth outpaced U.S. by 3x in 2025, report shows

Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.

Latin America (Leon Overwheel/Unsplash)

Policy

Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe

New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

Finance

Brazilian exchange Mercado Bitcoin outlines 6 crypto trends shaping markets in 2026

The stablecoin sector is expected to grow to $500 billion, while altcoin ETFs are projected to reach $10 billion, driven by regulatory clarity and adoption.

Daniel Cunha, Mercado Bitcoin's head of corporate development (Mercado Bitcoin)

Finance

Tokenized Brazilian credit card debt offers 13% yield through BlackOpal's GemStone platform

The initiative leverages the Plume Network to tokenize credit card receivables, while giving merchants immediate access to cash.

A wallet full of credit cards

Finance

Former Brazil central bank official unveils real-pegged stablecoin with yield sharing

The stablecoin will be backed by Brazil's National Treasury bonds and offer exposure to the country's interest rate, currently 15%.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)