MercadoPago will soon let Brazilian customers buy, sell and hold bitcoin, Bitcoin Magazine reported. MercadoPago is the digital payments app of MercadoLibre. MercadoPago Vice President and Country Manager Tulio Oliveira said per the report that the company has taken the time to study and learn about the crypto field, and that its offering has “transformational” […]
Brazil - Bitcoin News Related to Brazil
Brazil’s Largest Crypto Exchange Owner Plans Latin American Acquisitions: Report
2TM, the holding company for Mercado Bitcoin, Brazil’s largest crypto exchange by market valuation, is looking to become a leading provider of blockchain infrastructure services in Latin America.
MercadoLibre Customers in Brazil Getting Crypto Investment Access Through Digital Wallet
MercadoLibre Inc. will soon allow MercadoPago customers in Brazil to buy, sell and hold cryptocurrencies in their digital wallets, according to a Bloomberg report Monday (Nov. 22). The company is piloting the program with a small group of customers and will make it available to more people in the coming weeks, Tulio Oliveira, a MercadoPago […]
Brazilian B2B BNPL Startup TruePay Grabs $32M in Series A Funding
Brazilian-based buy now, pay later (BNPL) startup TruePay on Tuesday (Nov. 23) announced that it recently wrapped up a Series A funding round that brought in $32 million, which will largely be used to hire more employees for the fledgling company, according to a company press release. Addition led TruePay’s latest fundraising effort, which comes […]
Brazil’s Central Bank Plans to Launch a CBDC Pilot in 2022: Report
The monetary authority of the Latin American country has said it expects to launch a final version of its central bank digital currency by 2024.
Latin American E-Commerce Giant Mercado Libre to Enable Crypto Investments in Brazil
Mercado Libre users will be able to access crypto buying, selling and custodial services starting this week.
Volt Expands Open Banking to Brazil
Open payments gateway Volt has expanded operations to Brazil to make way for real-time payments, currency export and foreign exchange to the Central Bank of Brazil, according to a Thursday (Nov. 11) press release. As part of the expansion, the 2-year-old company has integrated Brazil’s domestic instant payments network Pix and set up a physical […]
Brazil’s Largest Crypto Exchange Mercado Bitcoin to Issue 2 Renewable Energy Tokens: Report
Mercado Bitcoin is working with local energy trader Comerc to launch a first token as early as December.
Bitcoin Broker FastBitcoins Reboots, Enters Brazilian Market
The ‘world’s local bitcoin company’ has revamped its brand design, added new features, and penetrated the Brazilian market.
Citi’s Instant Payments Expands Reach to 28 Markets Following Launch in Brazil
Citi’s Treasury and Trade Solutions (TTS) has launched domestic instant payments in Brazil, bringing its global reach to 28 markets in numerous regions, according to a press release on Monday (Nov. 8). Usage of Citi’s real-time payments capabilities has grown more than 100% in the past year, giving institutional clients the ability to send and […]
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