Banco Santander approved trading with Bitcoin and Ethereum in Brazil through its Toro investment platform. In the initial stage it will apply to a select group of clients, and then it will be expanded to more than one million users in the country.
This step by Banco Santander will allow retailers…
Read More...
Browsing Tag
brazil
Brazil will adopt continuous inflation target of 3 %
The Brazilian government will apply the necessary measures to adjust to the continuous inflation goal of 3 %, as indicated this Wednesday by President Luiz Inácio Lula da Silva.
Currently, the country is subject to annual inflation targets…
IDB estimates a growth of fintechs in Latin America of 340 % in six years
The Inter-American Development Bank (IDB) recently presented a report estimating that the growth of fintechs in Latin America and the Caribbean, in six years, has been 340 %, with Mexico, Colombia and Brazil at the top of the segment.
“At…
Brazil delays pilot of its CBDC until 2025
The pilot of Brazil's central bank currency, or CBDC, known as Drex, was postponed until the end of 2025 because the government estimates that privacy solutions are still inefficient.
The announcement was made by the Central Bank of…
Electoral court rejects Bolsonaro’s appeal against disqualification
This Sunday, the rejection of the highest electoral court of Jair Bolsonaro's appeal against the disqualification that was imposed on him last year for the 2030 elections in Brazil was announced.
The president of the Superior Electoral…
Crypto regulation proposal in Brazil will be revealed at the end of the year
The Central Bank of Brazil indicated recently that the proposed regulation for the use of cryptocurrencies and the operation of service providers will be known by the end of 2024.
Last year, in his appearance before Congress, the bank's…
Petrobras and Enarsa sign an agreement on natural gas
Through the signing of a memorandum of understanding, the companies Petrobras of Brazil and Enarsa of Argentina will seek an alliance in the field of natural gas.
According to a statement about this alliance, it was established that "the…
NuBank allows operations with Bitcoin, Ether and Solana in Brazil
In a move towards cryptocurrency adoption in Brazil, NuBank bank now offers withdrawal and deposit operations in Bitcoin, Solana and Ether.
The Brazilian giant follows in the footsteps of other banking institutions in the world in the…
Goldman Sachs projects the South American country that could be a world power in 2050
The projections of the Goldman Sachs company on the countries that could make up the top world powers for 2050 and 2075 include South American nations, taking into account various factors that affect the comprehensive development of…
Brazil reduced interest rates to lowest level in two years
The Central Bank of Brazil reduced interest rates by 0.5 % this Wednesday, reaching the lowest level since 2023, when they remained at 13.75 %. Thus, the country maintains the basic interest rate of the economy (the Selic rate) at 10.75 %…
Brazil’s GDP grew slightly in 2023
The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023.
According to the information released on Friday, March 1, by the IBGE, the agricultural sector…
BRICS countries analyze transition to digital currencies
The countries that make up the BRICS have discussed in their most recent meeting the use of digital currencies, as another alternative to dependence on the dollar.
Brazil, Russia, India, China and South Africa are the emerging economies…