![Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows](https://crypto.news/app/uploads/2023/03/crypto-news-the-trading-chart-brazilian-flag-background-low-poly-style-880x525.jpg)
Brazil News
Latest Brazil News
![Ripple taps currency exchange provider Unicâmbio to bring cross-border payments to Portugal](https://crypto.news/app/uploads/2023/11/crypto-news-Ripple-XRP03-880x525.webp)
News
Ripple is launching in Portugal with Unicâmbio, helping businesses in Portugal and Brazil make cross-border payments. Ripple has partnered with Unicâmbio, a Portuguese currency exchange provider, to offer cross-border payments between Portugal and Brazil, the company said in a Feb.…
![Latin America’s Nubank launches 4% annual USDC rewards for stablecoin holders](https://crypto.news/app/uploads/2025/01/crypto-news-exchange-option04-880x523.webp)
News
Brazilian neobank Nubank has launched a fixed 4% annual return for USDC holders, making the feature available to all crypto wallet users. The largest digital bank in Latin America, with more than 85 million customers in Brazil and 6 million…
![Binance bags its 21st global crypto license in Brazil](https://crypto.news/app/uploads/2023/10/crypto-news-Brazil-targets-Binance01-880x525.webp)
News
Binance has fortified its presence in Brazil by bagging approval to take over Sim;paul, a locally licensed broker-dealer.
![Brazil’s largest crypto exchange Mercado Bitcoin integrates INJ](https://crypto.news/app/uploads/2023/08/crypto-news-the-trading-chart-brazilian-flag-background-low-poly-styl-880x525.jpg)
News
Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, has integrated INJ, the native token of the Layer-1 Injective blockchain. According to a Dec. 23 X post from Injective, INJ, the native utility and governance token of the Layer-1 Injective blockchain, is now…
![Ripple USD](https://coin-images.coingecko.com/coins/images/39651/large/RLUSD_200x200_%281%29.png?1727376633)
![Here’s why stablecoin withdraws to self-custody wallet may ban in Brazil](https://crypto.news/app/uploads/2023/07/crypto-news-Fintech-layered-blockchain-Independence-Brazil-flag-background-low-poly-style-v5.1--880x525.jpg)
News
Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. 02, the central bank has opened the public…
![Tether](https://coin-images.coingecko.com/coins/images/325/large/Tether.png?1696501661)
![Bitcoin reserve bill introduced in Brazil’s Congress](https://crypto.news/app/uploads/2023/07/crypto-news-Bitcoin-Brazil-flag-background-low-poly-style-v5.2-880x525.jpg)
News
Brazilian legislators in the Chamber of Deputies proposed allocating 5% of the nation’s $370 billion treasury to Bitcoin strategic reserve.
![US indicts nine in crypto laundering scheme linked to drug cartels](https://crypto.news/app/uploads/2024/11/crypto-news-Composability-is-the-only-way-DeFi-will-survive-and-thrive-option02-880x523.webp)
News
A major money laundering network powered by cryptocurrencies linked to international drug cartels has been dismantled by United States federal authorities. On Nov. 21, a federal grand jury in the Southern District of Florida indicted nine individuals for conspiracy to…
![Brazil’s central bank unveils phase 2 of its CBDC pilot](https://crypto.news/app/uploads/2023/10/crypto-news-Brazil-targets-Binance03-880x525.webp)
News
The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
![Chainlink](https://coin-images.coingecko.com/coins/images/877/large/chainlink-new-logo.png?1696502009)
![World ID launches verification in Brazil](https://crypto.news/app/uploads/2024/08/crypto-news-Worldcoin-what-is-it-now-option02-880x523.webp)
News
World, formerly known as Worldcoin, has announced the launch of its World ID Orb verifications in Brazil. According to a Nov. 12 announcement, the expansion of World ID verification to the Latin American country follows initial pop-ups in 2023 as…
![Worldcoin](https://coin-images.coingecko.com/coins/images/31069/large/worldcoin.jpeg?1696529903)
![HKMA teams up with Thailand, Brazil central banks on cross-border tokenization pilots](https://crypto.news/app/uploads/2023/11/crypto-news-blockchain-Hong-Kong-top-side-view-blurry-background-day-light-neon-color-880x525.png)
News
Hong Kong Monetary Authority has partnered with the Bank of Thailand and Banco Central do Brasil to advance cross-border tokenization projects under collaborative initiatives. Hong Kong‘s financial watchdog, the Hong Kong Monetary Authority, has partnered with the central banks of…
![Brazil Central Bank opens applications for digital currency pilot project](https://crypto.news/app/uploads/2023/07/crypto-news-Bitcoin-Brazil-flag-background-low-poly-style-v5.2-880x525.jpg)
News
The Central Bank of Brazil is receiving proposal applications from companies that wish to participate in the nation’s central bank digital currency pilot, Drex from Oct. 14 until Nov. 29. Brazil Central Bank announced that it has already approved 13…
![Chainalysis: Stablecoins account for 70% of Brazil’s exchange outflows](https://crypto.news/app/uploads/2023/03/crypto-news-the-trading-chart-brazilian-flag-background-low-poly-style-880x525.jpg)
News
Stablecoin transaction value on Brazil’s local exchanges has surged well beyond Bitcoin, reflecting a sharp rise in their use for B2B cross-border payments. Brazil‘s stablecoin market is thriving, as Latin America becomes the second-fastest-growing region with a year-over-year growth rate…
![Brazil’s Real-pegged stablecoin BRL1 set to launch later this year](https://crypto.news/app/uploads/2023/10/crypto-news-Brazil-targets-Binance03-880x525.webp)
News
Brazil’s biggest crypto exchange platforms Mercado Bitcoin, Foxbit and Bitso have teamed up to launch BRL1, the first stablecoin pegged to the value of Brazilian Real. According to Brazilian media outlet Valor on Oct. 8, Mercado Bitcoin, Foxbit and Bitso…
![Ripple partners with Mercado Bitcoin to launch payments solution in Brazil](https://crypto.news/app/uploads/2024/01/crypto-news-XRP-Ripple-option02-880x525.webp)
News
Ripple has announced that its payments solution is now available in Brazil, which follows digital asset infrastructure provider’s partnership with crypto exchange Mercado Bitcoin. According to a Ripple announcement on Oct. 3, Mercado Bitcoin will be the first platform to…
![Brazil police bust $9.7b crypto laundering scheme](https://crypto.news/app/uploads/2023/10/crypto-news-Brazil-targets-Binance03-880x525.webp)
News
Brazilian authorities have uncovered a $9.7 billion crypto laundering scheme, arresting suspects in multiple cities as part of a major financial crime investigation. Brazilian authorities have clamped down on a multi-billion-dollar money laundering scheme involving cryptocurrencies across multiple cities, including…
![Research reveals 98% of global economy exploring CBDC solutions](https://crypto.news/app/uploads/2024/07/crypto-news-CBDCs-have-a-big-problem-option02-880x523.webp)
News
A new report reveals that 134 countries, covering 98% of the global economy, are exploring digital currencies, with 44 currently piloting CBDCs. Central bank digital currencies are gaining widespread attention, with nearly 99% of the global economy now focused on…