Tagged: brazil

November 5, 2026 @ 11:58 am By Omar Faridi  |  

Brazilian digital asset platform Mercado Bitcoin has confirmed it will start restoring limited customer access on Monday, November 9, after a security breach that disrupted operations earlier in the week. The first stage will allow users to log in solely through the company’s website in… Read More

November 3, 2026 @ 5:52 pm By Omar Faridi  |  

On November 2, 2026, Brazil’s largest cryptocurrency exchange, Mercado Bitcoin, confirmed a security incident that led it to suspend deposits and withdrawals as a precautionary step. The exchange stated that it had identified and swiftly contained an issue in one of its systems early that… Read More

November 2, 2026 @ 9:12 pm By Omar Faridi  |  

Brazil’s virtual asset sector is undergoing a sharp contraction after the October 30, 2026, cutoff for existing providers to seek authorization from the Central Bank of Brazil. Public tallies indicate that roughly 40 institutions—among them international exchanges, local banks, the B3 exchange, and payment fintechs—submitted… Read More

November 1, 2026 @ 9:35 pm By Michael Wong  |  

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is planning to provide a guarantee of up to $230 million to Santander Brazil to support lending to small and medium-sized enterprises (SMEs), particularly in the country’s North and Northeast regions…. Read More

October 25, 2026 @ 2:58 pm By Omar Faridi  |  

Brazil’s securities regulator calls for mandatory tokenization paired with AI-driven surveillance to modernize capital-market oversight. On Friday, October 23, Otto Lobo, president of Brazil’s Comissão de Valores Mobiliários (CVM), told the IV Congress of Investment Fund Law organized by the Associação dos Advogados that the… Read More

October 12, 2026 @ 5:59 pm By Michael Wong  |  

Brazilian police have seized about $1.71 million in cryptocurrency and frozen bank accounts holding up to 93 million reais ($18.1 million) in an investigation into a cybercrime group accused of using phishing and social engineering to compromise government systems and access sensitive corporate data, the… Read More

October 11, 2026 @ 6:38 am By Omar Faridi  |  

Brazil’s digital banking platform Nubank (NYSE: NU) is focused on a broader push into the United States with new compliance technology. Earlier this month, the bank also denied any acquisition speculation of Monzo (in the UK). In early October 2026, the bank completed the rollout… Read More

October 6, 2026 @ 11:45 pm By Omar Faridi  |  

Brazilian Fintech focused stocks jumped sharply in US trading on Monday after the first round of the country’s presidential election left Senator Flávio Bolsonaro narrowly ahead of incumbent Luiz Inácio Lula da Silva, raising the odds of a rightward policy turn before a runoff set… Read More

October 5, 2026 @ 8:39 pm By Omar Faridi  |  

Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva in the opening round of Brazil’s 2026 presidential election, an ordering that several late national polls had not projected and that the prediction market Polymarket had priced for weeks. The split between survey… Read More

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