Brazil


Tech

Brazil’s Postal Service Seeks Blockchain, AI Solutions for Operations

Through a pre-selection process it aims to find blockchain and AI-based solutions to enhance its operations.

Smart locker in São Paulo, Brazil (Clique Retire/Unsplash)

Markets

Brazilian Fintech Méliuz to Allocate 10% of Cash Reserves to Bitcoin

The company has already purchased $4.1 million worth of BTC as part of its long-term treasury strategy.

Brazil's flag (Rafaela Biazi/Unsplash)

Finance

Brazilian Stock Exchange B3 Reportedly Launching Bitcoin Options, ETH and SOL Futures

The move builds on its successful bitcoin futures trading and is set to strengthen Brazil’s cryptocurrency market.

Brazil flag (Shutterstock)

Finance

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."

Paola Origel, the CEO and co-founder of Hyla Fund Management. (Credit: Hyla Fund)

Finance

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.

Payments network built on Sui (Steve Johnson/Unsplash)

Finance

Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System

Previously, the stablecoin could only be purchased through crypto exchanges.

(Sandali Handagama/ CoinDesk)

Policy

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.

BlackRock's iShares Ethereum Trust (ETHA) coming to Brazil’s B3 exchange (Unsplash)

Finance

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.

Elon Musk (Richard Bord/WireImage)

Finance

BlackRock Lists Ethereum ETF on Brazilian Stock Exchange

The company earlier this year listed its iShares Bitcoin Trust ETF in the South American country.

BlackRock's iShares Ethereum Trust (ETHA) coming to Brazil’s B3 exchange (Unsplash)

Finance

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.

A Mercado Libre distribution centre. (Ministry of Economy, Government of Chile)