The Brazilian National Social Development Bank is to pilot a stablecoin based on ethereum to combat corruption.
The parent company of Brazil's largest independent broker is setting up a cryptocurrency exchange, Bloomberg reports.
Brazil's antitrust watchdog is investigating major banks for potentially collaborating to prevent crypto brokerages from gaining banking services.
The Avaí Futebol Clube is hoping to raise $20 million in the coming months with an initial coin offering.
Ripio is driving mainstream adoption among the unbanked of South America, offering crypto loans in Argentina, Mexico, and Brazil.
BRICS nations' state-owned development banks plan to research blockchain technology for international transactions and other products.
Banco Central do Brasil is building a blockchain platform to ensure the authenticity of data exchanged between financial authorities.
Huobi, a major cryptocurrency exchange originally from China, has told CoinDesk that it's setting up shop in Brazil.
Corrupt Brazilian officials have been caught allegedly using bitcoin to divert millions in public funds that were intended for prison supplies.
The Brazilian Securities and Exchange Commission has declared a bitcoin mining company to be unlawfully offering securities.