Latam Insights: Global Pix, Mercado Libre Ends Token
The Central Bank of Brazil has revealed its next steps to keep improving and growing Pix, the ubiquitous instant payment...
Brazil
Defying US Criticism, Brazil Mulls Pix’s Globalization
Key Takeaways: The move of taking Pix’s functionality to other countries might bring unintended consequences to Brazil, as a report...
How Brazil’s Instant Payment Network Pix Might Influence the Presidential Election
Pix Gets Into Political Commentary In Brazil As Elections Loom President Luiz Inácio Lula da Silva has defended Pix, even...
OpenFX Raises $94 Million Series A to Scale Global Cross-Border Stablecoin Payments
OpenFX announced on March 31, 2026, that it raised $94 million in Series A funding led by investors including Accel,...
Mercado Libre Ends Mercado Coin Program, Cites No Official Reason
Mercado Coin Is Being DiscontinuedThe company notified users through the Mercado Pago digital wallet app and email. No public statement...
Brazil Signs Law Allowing Seizure of Bitcoin and Crypto Linked to Crime
Brazil has passed a new law allowing authorities to freeze, seize, and liquidate digital assets, including cryptocurrencies, tied to serious...
Brazil Passes Law Turning Seized Crypto into Public-Security War Chest
Brazil has enacted a landmark law that allows authorities to channel crypto seized from criminal organizations directly into public security...
Brazil Backpedals on Crypto Taxation as Presidential Election Looms
A measure would seek to smooth things over in Congress as President Luiz Inácio Lula da Silva shifts gears in...
Ripple Expands in Brazil
Ripple has announced a major expansion in Brazil, strengthening its role in one of the world’s fastest-growing financial markets. The...
Big Bet Takes Action to Block Prediction Markets in Brazil
Betting companies have reportedly asked regulators to pause the operations of prediction market platforms, such as Polymarket and Kalshi, in...
As President Lula Proposes a Ban on Online Betting, Prediction Markets May Face a Rought Start in Brazil
After President Lula proposed a ban on online betting platforms in Brazil, as the country faces a gambling epidemic, unregulated...
Kalshi Partners With XP to Launch Prediction Markets in Brazil
Customers of Clear, a brand of the XP Group, who hold an international investment account, will be able to participate...
Brazil’s Crypto Faction Prepare to Fight Stablecoin Taxation in Congress
The crypto faction in the Brazilian Congress is expecting the issuance of a decree to establish a 3.5% tax on...
Brazil’s Pix Payment Network Launches in Argentina, Bank Mulls Larger Expansion
Banco do Brasil, a Brazilian state-controlled bank, launched a new feature allowing Brazilian customers to leverage the Pix payments system...
Brazilian Exchanges Receive New Bank Secrecy and Accounting Standards Provisions
The measures seek to fully integrate crypto exchanges into the established financial system and protect the identity information of the...
