Category: Brazilian
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Ripple Drops New Stablecoin With Brazilian Bank
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Ripple and Brazilian Financial Braza Group has announced the launch of a new Stablecoin on Ledger XRP (XRPL). Stablecoin, called BBRL, is linked to Brazilian Real and is designed to provide safe and cost -effective solutions for both individuals and companies. Ripple expands in Brazil Braza Group has been established…
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Brazilian Miner Boosts Rare Earths Output in Challenge to China’s Grip
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Breadcrumb links BMN Business Brazilian mining group Serra Verde is ramping up production of rare earth minerals at a time of increasing trade friction between the United States and China, the world’s dominant supplier of minerals vital to technology. Article writer: Bloomberg News Mariana Durao Published on January 02, 2025…
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X says it is closing Brazilian operations ‘effective immediately’ By Reuters
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SAO PAULO (Reuters) – Media platform X said on Saturday it would shut down its operations in Brazil “with immediate effect” due to what it called “censorship orders” issued by Brazilian judge Alexandre de Moraes. X alleges that Moraes secretly threatened one of its legal representatives in the South American…
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Brazilian media mogul Silvio Santos dead at 93, SBT TV says By Reuters
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SAO PAULO (Reuters) – Brazilian media mogul Silvio Santos, who went from street vendor to owner of a business empire that includes one of the country’s biggest television channels, has died at the age of 93, Brazilian broadcaster SPT said on Saturday. “Today the sky is happy with the arrival…
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Brazilian pet product retailer Petz shares soar on Cobasi merger deal By Reuters
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Written by Alberto Allergi SAO PAULO (Reuters) – Shares of Brazil’s Pets Inc rose on Friday after the company formally agreed to merge with rival Copasi to create the country’s largest pet products retailer. The merger agreement was first announced in April, when the two companies signed a memorandum of…
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Brazilian SEC greenlights first Solana ETF; launch hinges on stock exchange approval
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Brazil’s Securities and Exchange Commission has approved the country’s first exchange-traded fund. According to the Brazilian News Agency ExamThe Solana (SOL) ETF will be created by QR Asset and managed by Vortx. Additionally, CF Benchmark’s Solana Dollar Reference Rate Index will serve as a benchmark for the Solana ETF. ??…