Tagged: brazil

September 30, 2026 @ 8:03 am By Omar Faridi  |  

Brazil’s regulated capital markets have taken a notable step toward integrating public blockchain infrastructure. CSD BR, a licensed registrar, central securities depository and settlement system, has launched the first stage of a partnership with Ripple that places selected ownership records on the XRP Ledger while… Read More

September 27, 2026 @ 2:12 pm By Omar Faridi  |  

Latin America’s crypto markets expanded even as global prices collapsed, according to new research from blockchain analytics firm Chainalysis. Over the 12 months ending June 30, 2026, the region recorded $593.8 billion in on-chain activity, a 9.8 percent increase. Worldwide, crypto market capitalization roughly halved… Read More

September 26, 2026 @ 11:55 am By Omar Faridi  |  

The European Central Bank (ECB) has formally begun work on whether its pan-European instant settlement platform can be joined to Brazil’s public real-time payment network. On 24 September 2026 the ECB Governing Council authorised a feasibility assessment of an interconnection between TARGET Instant Payment Settlement… Read More

September 22, 2026 @ 2:19 pm By Omar Faridi  |  

Brazil’s new virtual-asset licensing regime is already beginning to thin the field. With just over a month left in the transition window, local reporting indicates that only five virtual asset service providers have submitted authorization filings to the Banco Central do Brasil. Of those five,… Read More

September 15, 2026 @ 7:49 am By Omar Faridi  |  

Nubank (NYSE:NU), which has become one of Latin America’s largest digital banks, has begun offering deposit accounts and a broader set of everyday banking products to customers in the United States. The company, which operates under the parent name Nu Holdings, said the U.S. rollout started… Read More

September 7, 2026 @ 11:13 pm By Michael Wong  |  

Singapore-based Ant International has received a payment institution licence from Brazil’s central bank, expanding its regulated presence as the financial technology company strengthens its local and cross-border payment capabilities in Latin America’s largest economy. The licence from Banco Central do Brasil builds on services Ant… Read More

September 7, 2026 @ 1:35 pm By Omar Faridi  |  

The European Central Bank (ECB) is examining a possible connection between its TARGET Instant Payment Settlement platform, known as TIPS, and Brazil’s Pix system. If the work advances, the link would be the first major cross-border expansion of Pix and one of several corridors the… Read More

August 14, 2026 @ 8:58 pm By Omar Faridi  |  

Brazil’s bitcoin treasury company, OranjeBTC, is preparing to introduce a new exchange-traded fund designed to give local investors regulated access to income-generating preferred shares linked to bitcoin-holding firms. The product, known as the Digital Yield ETF or DIGY11, is expected to list on the country’s… Read More

August 10, 2026 @ 9:02 pm By Omar Faridi  |  

Brazil is preparing to strengthen safeguards against cryptocurrency-related fraud through a new regulatory measure that introduces a mandatory waiting period for certain outbound transfers. The Central Bank of Brazil (Banco Central do Brasil) published Resolution BCB No. 584/2026 on August 7, 2026, amending earlier fraud-prevention… Read More

August 9, 2026 @ 2:12 am By Michael Wong  |  

The International Finance Corporation (IFC) is proposing an unfunded trade finance facility of up to $250 million for Banco Bradesco S.A., one of Brazil’s largest financial institutions, under its Global Trade Finance Program (GTFP). The proposed project involves a GTFP limit in an aggregate amount… Read More

July 25, 2026 @ 9:41 am By Michael Wong  |  

AMERRA Capital Management is targeting about $200 million for a private credit fund that will provide senior secured financing to predominantly Brazilian food and agribusiness companies, with the International Finance Corporation (IFC) considering an anchor investment of up to $30 million. According to a project… Read More

July 23, 2026 @ 2:26 am By Omar Faridi  |  

Nubank (NYSE: NU), the Latin American digital finance enabler, has finalized its purchase of 100% of Banco Porto Real de Investimentos. This transaction represents a targeted step in the company’s strategy to broaden its service capabilities and reinforce its regulatory standing in Brazil’s financial ecosystem…. Read More

July 16, 2026 @ 8:17 am By Omar Faridi  |  

The Fintech division of Brazil’s digital bank Inter has announced the introduction of its innovative contactless payment wearables to customers in the United States. This expansion brings stylish, convenient payment solutions—specifically designed rings and wristbands—directly to the US market, allowing users to make seamless transactions… Read More

July 9, 2026 @ 6:28 am By Omar Faridi  |  

Nubank (NYSE: NU) has reportedly emerged as one of the preferred options for primary banking services among Brazilians, according to the latest Data Nubank report. The research findings, drawn from research by NPS Prism at Bain & Company covering the fourth quarter of 2025, show… Read More

July 8, 2026 @ 7:45 am By Omar Faridi  |  

Tether has announced a $20 million investment in a growth financing round for Mercado Bitcoin, Latin America’s provider of on-chain financial services. The move is intended to accelerate the development of blockchain-based financial infrastructure across the LatAm region, with Brazil positioned as a key hub… Read More

July 2, 2026 @ 12:35 pm By Omar Faridi  |  

Nubank (NYSE: NU) and Amazon Brazil have taken their collaboration to the next level by rolling out a complete checkout experience powered by NuPay. The update coincides with Amazon Prime Day, running from July 1 to 7, 2026, and gives eligible customers a wider range… Read More

June 23, 2026 @ 3:21 pm By Omar Faridi  |  

Nubank (NYSE: NU) announced recently that its virtual mobile network service, NuCel, has attracted more than one million customers in just 17 months since operations began in January 2025. Developed in partnership with Claro, the service integrates mobile connectivity directly into Nubank’s ecosystem, marking a… Read More

June 21, 2026 @ 11:39 pm By Omar Faridi  |  

Despite Brazil’s already high level of digital payments maturity, a new assessment from Bain & Company indicates meaningful room for further expansion through the end of the decade. As of the end of 2025, digital payment methods had reached an 85% penetration rate across the… Read More

June 18, 2026 @ 6:54 pm By Omar Faridi  |  

Chainalysis has indicated that Brazil has solidified its position as Latin America’s leading cryptocurrency hub, drawing significant attention from both legitimate users and illicit operators. From July 2024 to June 2025, the country processed an estimated $318 billion in on-chain cryptocurrency transactions, representing about one-third… Read More

June 16, 2026 @ 1:12 am By Omar Faridi  |  

Nubank (NYSE: NU), Latin America’s prominent digital banking platform, has finalized a significant public offering of Financial Bills valued at R$1.59 billion. The deal highlighted robust market confidence, as investor subscriptions surpassed R$3 billion, allowing the company to secure favorable pricing with notably lower rates… Read More