Brazil


Finance

Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

Sao Paulo, Brazil (Credit: Shutterstock)

Markets

Brazil Regulator Votes to Continue Probe Into Banks' Rejection of Crypto Firms

Brazil’s national competition regulator is about to decide the fate of its investigation on whether some of the largest banks in the country wrongly locked local crypto brokers out of financial services.

“No company, no enterprise can survive in capitalism without access to the financial system,” said lawyer Fernando de Magalhães Furlan. (Credit: Tupungato / Shutterstock)

Markets

Bitcoin in Emerging Markets: Latin America

Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique.

Old and new in Medellin, Colombia. (Credit: Shutterstock)

Finance

Brazil's New Blockchain Data Tool Cost $250K, Runs on Quorum

Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive paper-based system with a fully digitized version.

(Jo Galvao/Shutterstock)

Markets

Brazilian Financial Regulators Will Vet Companies and Political Appointees on a Blockchain

Brazil’s major financial regulators have unified their intelligence troves under a blockchain-backed sharing system called PIER.

"Our objective is that this system promotes gains to the market," said CVM President Marcelo Barbosa. (Image via Edilson Rodrigues/Wikimedia Commons)

Policy

Brazil's Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies

The PIX payments system is coming to Brazil later this year, promising almost instant transfers for individuals and businesses.

Central Bank of Brazil. Credit: Shutterstock/Alf Ribeiro

Markets

Brazilian Police Bust Alleged Crypto Fraud That Cost Investors $360M

Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals.

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Tech

MakerDAO Is Helping 60 Kids in Brazil Learn the Basics of Blockchain

The World Bank is teaming up with MakerDAO to bring blockchain education to Brazilian favelas.

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Markets

Rainforest Charity Launches Crypto Appeal to Help Protect Amazon

Executive director Suzanne Pelletier told CoinDesk old school philanthropy isn’t making the cut, necessitating new donation methods.

Amazon forest being burned for pasture

Markets

Brazilian Tax Authorities Impose New Requirements on Crypto Trading

Information regarding crypto transactions exceeding $7,600 in value must be submitted to the National Treasury.

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