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Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty Program

Brazil-Based Neobank Nubank to Launch Own Cryptocurrency as Part of Loyalty ProgramNubank, one of the largest digital banks in the world, has announced it will issue its own cryptocurrency during the first half of 2023. The currency, called Nucoin, will be issued on top of Ethereum with the help of Polygon, a second layer that allows users and developers to take advantage of lower fees, and […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings

Brazil Registers Record Number of Institutions Declaring Cryptocurrency HoldingsBrazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased Crypto

Digital Neobank Nubank Reaches 70 Million Customers in Latam; Almost 2 Million Have Purchased CryptoNubank, a Brazil-based digital bank, has announced a new milestone in its operations. The company announced that it has reached 70 million customers in Latam, making it one of the biggest financial institutions of its kind in Brazil. The company also announced that almost 2 million of its customers are cryptocurrency investors. Nubank Reaches 70 […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next YearRico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil

Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in BrazilPicpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Santander to Offer Cryptocurrency Services in Brazil in the Coming Months

Santander to Offer Cryptocurrency Services in Brazil in the Coming MonthsSantander, one of the biggest banking institutions in the world, has announced it will start offering cryptocurrency services in Brazil. Its CEO, Mario Leão, made the announcement in an interview with local media, stating that the company was still seeking the best way of getting into the cryptocurrency services market. Other banks and fintech organizations […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Itau Unibanco Mulls Offering Crypto Services, Opens Tokenization Unit in Brazil

Itau Unibanco Mulls Offering Crypto Services, Opens Tokenization Unit in BrazilItaú Unibanco, one of the largest holding companies in Brazil, has announced it is considering offering cryptocurrency trading services to its customers. The company informed that it will also offer tokenization services through a digital assets unit, that will allow customers to issue tokens backed by real-world assets, acting as a platform to facilitate their […]

Bitcoin Google search spike after Trump victory signals retail investor interest

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million CustomersPicpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay follows the actions of companies like Nubank and Mercado Libre, which have […]

Bitcoin Google search spike after Trump victory signals retail investor interest