Finance
Executives of $190M Brazilian Crypto Fraud Receive Over 170 Years in Sentences
Three individuals behind the Braiscompany Ponzi scheme have been sentenced collectively to 171 years in prison for defrauding investors.
Business
Itaú Unibanco Considers Launching Its Own Stablecoin
Itaú Unibanco, Brazil's largest bank, is contemplating the issuance of its own stablecoin based on regulatory changes and the success of similar initiatives in the U.S.
Finance
Brazil Restricts Major Pension Funds from Cryptocurrency Investments
Brazil's financial authority has barred specific pension funds from investing in cryptocurrencies, citing associated risks.
Business
Brazil's Postal Service Pursues Blockchain and AI Innovation for Operational Enhancement
The state-owned postal entity is actively seeking advanced technological solutions to optimize its operations and logistics.
Crypto
Brazilian Fintech Méliuz to Invest 10% of Cash Reserves in Bitcoin
Méliuz has set a strategy to allocate a significant portion of its cash reserves into Bitcoin as part of its long-term financial plan.
Crypto
Brazil to Launch the World's First Spot XRP ETF
Brazil's securities regulator has approved the world's first XRP exchange-traded fund, currently in a pre-operational phase.
Crypto
B3 Brazil's Stock Exchange to Introduce Bitcoin Options and Futures for ETH and SOL
The Brazilian Stock Exchange, B3, is expanding its cryptocurrency offerings with new bitcoin options and futures for ether and solana.
Crypto
Brazil Prohibits Worldcoin Amid Privacy Concerns Over Biometric Data
Brazil has officially imposed a ban on Worldcoin, a cryptocurrency initiative linked to biometric data collection, amid rising privacy concerns.
Business
Ripple Collaborates with Mercado Bitcoin for Enhanced Payment Solutions
Ripple partners with the Brazilian exchange Mercado Bitcoin to enhance international payment processing for businesses and customers using Brazilian Reais.
