Brazil News

Itaú Unibanco has opened crypto trading to all users of its Íon investment platform, allowing clients to buy and sell Bitcoin and Ethereum directly through the app. The largest financial institution in Latin America, Itaú Unibanco, has expanded access to…

Fractured Latin America is turning its attention to cryptocurrencies. What is happening in these countries?

BlackRock unveiled its partnership with Brazil's B3 stock exchange to launch the iShares Bitcoin Trust ETF's Brazilian Depositary Receipts on Thursday.

Pix faces scrutiny over its business model, with concerns about pricing, fraud protection, and market disruption.

Brazil’s largest lender, Itau Unibanco, announced its entrance into the crypto market by introducing a trading service for clients on its investment platform.  The initial offering includes trading in Bitcoin (BTC) and Ether (ETH), with plans to incorporate additional cryptocurrencies.…

The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax on earnings from crypto held in foreign exchanges.

OKX has launched its crypto exchange and Web3 wallet in Brazil, marking a significant expansion into the Latin American market with a focus on providing secure and comprehensive crypto trading and defi services.

Transfero, a major fiat onramp in Latin America, partners with Finery Markets to launch an OTC crypto trading desk using FM's trading software.

Brazil's top financial institutions are preparing for the nationwide rollout of the central bank's digital currency, Drex. 

A recent report from Chainalysis illuminates this grassroots crypto adoption across Latin America. Brazil, Argentina, and Mexico have emerged as leaders.

Brazil's National Congress is targeting Binance CEO Changpeng Zhao and three of the firm's employees. The firm says it is cooperating extensively with the committee.

The CEO of Binance and three local executives are facing the risk of indictment in Brazil for alleged financial crimes. A congressional committee that investigated crypto-related pyramid schemes in the country has recommended that law enforcement authorities indict Changpeng Zhao,…

The governor of Banco Central do Brasil, the country's central bank, announced plans to tighten crypto regulations due to rising adoption

Brazilian lawmakers are considering a bill that would include cryptocurrencies in the list of assets protected from creditors’ seizure. The bill, authored by Deputy Carlos Bezerra, aims to give cryptocurrency holders the same protection as personal savings, which are exempt…

Ripple is expanding its Liquidity Hubs to Brazil and Australia to address liquidity management challenges in enterprise crypto adoption

UK fintech owner Caio Marchesani faces extradition for alleged involvement in a large-scale crypto money laundering operation. Caio Marchesani, the owner of a London-based fintech company, is under investigation for allegedly aiding and abetting Sérgio Roberto de Carvalho, commonly known…