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Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet

Published on may 12, 2022

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now Offers In-App Crypto Trading […]

Brazil’s Senate approves 'Bitcoin law' to regulate cryptocurrencies

Published on april 26, 2022

It’s a historic day for cryptocurrencies in Brazil, as the Senate has finally approved the country’s first bill aimed at regulating the crypto market. The bill still needs to be approved in the Chamber of Deputies and then sanctioned by President Jair Bolsonaro.

Digitizing Payments in Latin America Playbook: Brazil Is Setting the Standard

Published on april 20, 2022

Open banking is an emerging practice in the financial sector these days, with consumers embracing the opportunity to control their financial data and prevent banks from blocking the movement of money between other financial services. Almost 4 out of 5 Brazilians (79%) compared to slightly more than half of Americans (51%), 3 out of 5 […]