Brazil

Brazil’s Crypto Market Surges 43% in 2025, Avg. Investment Hits $1,000

Crypto transaction volume in Brazil increased 43% year over year in 2025.The average investment per user surpassed $1,000, indicating growing investor commitment.Lower-risk crypto products...

Brazil VP: BRICS Seeks Dollar Alternative, Not Replacement

Brazil’s Vice President Geraldo Alckmin stated BRICS does not plan to replace the US dollar.BRICS aims to provide emerging economies with more influence and...

Brazil’s Itaú Recommends 1%-3% Bitcoin Allocation for Investors

Itáu Asset Management advises allocating 1% to 3% of investment portfolios to Bitcoin.Bitcoin offers diversification benefits due to its low correlation with traditional local...

Lula: US-Brazil Trade Deal Near, Talks in DC After Trump Tariffs

Brazil's President Lula announced new talks with the U.S. on a pending trade agreement, expecting a resolution within days. U.S. President Donald Trump imposed a...

Brazil Central Bank Narrows DREX Project, Moves Away From Blockchain

Banco Central do Brasil is narrowing the focus of its DREX digital currency project.The project will shift from exploring blockchain towards enabling asset-based lending...

Brazil’s Pix Payment System Sparks US Worries Over De-Dollarization

Brazil’s Central Bank runs Pix, a payment system attracting scrutiny from U.S. officials. The system settled over $450 billion in transactions last quarter,...

Brazil Central Bank Signals Easing of Crypto and Stablecoin Rules

Banco Central do Brasil is considering a softer stance on self-hosted wallets and cross-border cryptocurrency use after industry feedback. Initial proposals aimed to restrict these...

XRP Surges 7.5% as SEC Reviews ETF Applications, Brazil Approves First Spot XRP Fund

Multiple asset managers including WisdomTree and Canary Capital have filed for XRP ETFs, initiating a 240-day SEC review period. XRP's price surged 7.5% to $2.71,...

Latest news

Google’s Registered App Stores Program Enables One-Tap Installs

Approved third-party Android stores get one-tap installs and background updates from December 1.Qualifying stores must submit their full catalog...

SK Hynix posts record profit; memory supply sold out to 2030

SK Hynix posted record Q3 revenue of 104.6 trillion won (~$78 billion), up 328% year-over-year, with an operating margin...

Fed holds rates steady at 3.75%-4%, signals fewer meetings

The Federal Reserve held rates at 3.75%-4% in a 10-2 vote.Markets expect a quarter-point hike in December and further...