Brazil has openly acknowledged significant obstacles in its negotiations for a new trade deal with the United States, raising concerns that progress may stall due to unresolved policy differences. This development was confirmed on Monday, as officials from Brazil emphasized that the ongoing talks are facing critical uncertainties regarding key ...
KuCoin has resumed Brazilian Real (BRL) fiat balance transactions on its spot trading platform, strengthening its footprint in Brazil’s rapidly expanding crypto market. Announced on July 22, the update allows users to hold BRL in their KuCoin accounts, deposit and withdraw funds via PIX or local bank transfers, and trade ...
The United States has initiated a formal investigation into Brazil's digital trade policies, focusing on the country’s state-run Pix payment system. This move intensifies existing tensions between the two nations in the fintech sector. U.S. Targets Brazil’s Pix System in Rising Fintech Tensionshttps://t.co/JOGVwXTrcg — John Morgan (@johnmorganFL) July 18, 2025 ...
PicPay has reinstated its cryptocurrency trading services, reflecting the nation’s growing embrace of digital money and blockchain technology. This move comes as the company seeks to expand its digital asset offerings amid soaring interest in cryptocurrencies across Brazil. Source: RioTimes PicPay, with a user base now exceeding 65 million, originally ...
Webull Corporation (NASDAQ: BULL) has officially re-entered the cryptocurrency market, starting with a strategic launch in Brazil—Latin America’s largest economy. This marks the first phase of a broader global rollout, with the United States and other markets expected to follow in the coming months. The re-entry is driven by a ...
Stablecoin issuer Circle saw a notable boost in investor confidence on June 11, with its shares (CRCL) closing 10.7% higher following two major announcements: a strategic partnership with Brazilian fintech Matera and the integration of its flagship stablecoin, USDC, into World Chain, the blockchain project led by OpenAI CEO Sam ...
Brazilian financial institution Braza Group has launched a new US dollar-backed stablecoin on the XRP Ledger, marking a significant development in Latin American crypto. The stablecoin aims to provide a secure, transparent, and efficient digital asset for payments and remittances, leveraging the speed and low transaction costs of the XRP ...
Binance has taken a major step toward advancing crypto utility in Brazil by integrating its payment solution, Binance Pay, with the nation’s widely used Pix system. This integration allows users to instantly convert cryptocurrencies into Brazilian reais and conduct real-time payments to individuals or merchants throughout the country. With the ...
In a bold move signalling deeper institutional adoption of Bitcoin in Latin America, Brazilian fintech firm Méliuz has officially transformed into the country’s first publicly traded Bitcoin treasury company. The announcement came after shareholders voted overwhelmingly in favour of the strategic shift on May 15. Executive chairman Israel Salmen shared ...
Bybit has officially launched Bybit Pay in Brazil, offering a seamless, blockchain-based payment solution to simplify crypto transactions for users and merchants in Latin America’s largest economy. Powered by Transfero, Bybit Pay enables users to pay with crypto or fiat via Brazil’s PIX system using QR codes. With all-in-one crypto ...
