Brazil

Nubank, the Brazilian digital banking startup, will be launching its own cryptocurrency – Nucoin – in the first half of 2023. The token is touted as a new way to recognize customer loyalty and encourage engagement with Nubank products. The…
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Governments around the world have traditionally used paper ballots to conduct elections. Some computerized voting systems have been used in recent times in some countries. However, both systems are not tamperproof even when various safety…
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The South-American e-commerce giant, MercadoLibre Inc, recently announced the development of MercadoCoin. This new cryptocurrency is set to be implemented in Brazil as a part of MercadoLibre's loyalty program. In a news conference,…
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Ripple in partnership with Travelex Bank has introduced its crypto on-demand liquidity (ODL) service in Brazil. The service uses XRP token to accelerate the transfer and exchange of fiat currencies between countries. It should be noted that…
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One of the biggest banking institutions in the world, Santander has recently announced that they will start crypto services in the country of Brazil. Their CEO made an announcement and in an interview, Mario Leao said that they are looking…
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Bitso, a Mexican crypto exchange, recently reached a landmark milestone in which they reached 1 million users in July. They started operations last year and according to the company they hit the 1 million mark, earlier than they were…
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Mercado Bitcoin, a Brazilian company in the crypto sector could establish a presence in Mexico. This presence could be set up sometime in the next few months of 2022. The reason for the delay is regulatory approval which is still pending.…
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This week the crypto enterprise Binance issued a statement saying it had suspended both direct withdrawals and deposits in Brazil. A change in the partner for payment in Brazil is cited as the reason behind Binance’s recent decision. The…
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The crypto market not making many gains in 2022 so far, has not deterred lawmakers in Brazil from introducing legislation recognizing digital assets. The South American country might see cryptocurrencies as a payment method soon. This…
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Brazil has been working on a regulatory framework for its crypto industry for quite some time, and now its inching closer to making it a law. Initially, two separate draft bills were before the parliament, but only one - the House Bill…
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