Brazil News
Brazilians’ Adoption of Crypto Grows Rapidly as Trading Activity Increases
With a population of 218 million Brazil is Latin America’s largest economy, with a GDP of US$1.92 trillion (AU$2.9 trillion) in 2022. Braz...
U.S. Financial Giants Embrace Spot Bitcoin ETFs, as Brazil Welcomes IBIT
The Spot Bitcoin ETFs are doing better than expected amid hundreds of millions of dollars in daily inflows. Meanwhile, the price of Bitcoin ...
Largest Broker in Brazil XP Shutters Its XTAGE Crypto Service
XTAGE, the cryptocurrency arm of Brazilian financial services behemoth XP Investimentos (XP, Inc), will begin winding down its operations, a...
Brazilian securities regulator plans sandbox for tokenization in 2024
The Comissão de Valores Mobiliários (CVM) of Brazil is planning to start a second regulatory sandbox program in 2024. Speaking at Rio Inno...