Brazil
How a $115M Crypto Fund With Big Ambitions Plans to Invest In Latin America
Hyla Fund Management is starting a new LatAm crypto funds and wants to become the "Goldman Sachs for digital assets."
Ripple Partners With Brazilian Exchange Mercado Bitcoin to Offer Business-Focused Payments Solution
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
Previously, the stablecoin could only be purchased through crypto exchanges.
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.
Elon Musk's X Is Reportedly Now Banned in Brazil Following Judge's Ruling
Use of a VPN to circumvent the prohibition could lead to hefty fines, according to media reports.
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
The product will be launched by Brazil-based asset manager Hashdex in partnership with local investment bank BTG Pactual.
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.
