Brazil

News

Visa Designed CBDC-Based Finance Platform for Farmers

Identifying new use cases for Brazil’s central bank digital currency (CBDC), Visa created a programmable finance platform for SMEs, particularly farmers, using tokenized farm contracts to access global capital markets

Blockchain & Crypto

Brazil Pilots CBDC in Stores

Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments

Fintech & Ecommerce

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

Fintech & Ecommerce

Meta Lets Brazilians Pay Local Merchants Via WhatsApp

Meta reported that Brazilian WhatsApp users have the opportunity to exchange messages for transactions through this application.

Blockchain & Crypto

Coinbase Partners With Brazilian Payment Apps to Expand Services

Coinbase continues its international expansion by partnering with Brazilian payment providers Ebanx and Pix

Finance & Economics

B2B Payments Platform Barte Raises $3 Million

Brazilian business-to-business payment platform Barte has announced that it has managed to attract investment funds in the amount of $ 3 million following the results of the initial round of financing.

Finance & Economics

WhatsApp Gets Central Bank Approval to Launch Business Payments in Brazil

While people in Brazil have been able to use WhatsApp for P2P transactions for a while, the national Central Bank had not given the green light for small business payments until now

Blockchain & Crypto

Mastercard & Binance to Launch Prepaid Crypto Card in Brazil

The crypto leader Binance and payment giant Mastercard expanded their crypto-to-fiat offer to the most lucrative market in Latin America

Finance & Economics

Brazil and Argentina to Create Common Currency

Brazil and Argentina will soon begin preparations for the creation of a common currency.

News

Mastercard Launches Platform to Donate to “Christmas Without Hunger”

The initiative allows Mastercard customers to round up purchase amounts made with credit, debit and prepaid cards and donate them to campaigns aimed at fighting hunger

News

Brazil Adopts Crypto Law

The law legalises digital currencies use in Brazil and establishes a licensing regime for crypto asset service providers

Finance & Economics

Alibaba’s Cainiao opens in Brazil

Alibaba’s logistics arm is opening its Latin American headquarters in Sao Paulo, Brazil, as China’s retail growth has slowed

Science & Technology

Remittances drive crypto adoption in Latin America: report

Latin America makes up for a 9.1% of the global 2022 crypto transaction value, while remittances and high inflation are the highest drivers of adoption

Finance & Economics

Nubank to develop a cryptocurrency

Brazilian challenger Nubank is currently working on its own cryptocurrency for the new rewards program

Blockchain & Crypto

You can now pay taxes in crypto in Rio de Janeiro

Brazilian city will allow taxpayers to make crypto payments through third-party service providers

News

Over 12,000 Brazil companies break the record for crypto holdings 

August data released by Brazil’s tax authority revealed that over 12,000 companies have cryptocurrency holdings, the largest amount ever recorded