Brazil

PicPay, the largest payments app in Brazil, is launching a cryptocurrency exchange where its 65 million users can learn about and buy bitcoin.

Over 53 million Brazilian customers can now buy bitcoin through the country’s largest digital bank, Warren Buffett-backed Nubank.

Brazilian congressman, Fábio Ostermann, sees bitcoin as a means to make tools of the state obsolete and allow for technology to set people free.

Gafisa, one of the largest Brazilian real estate developers, now accepts bitcoin for real estate transactions through a partnership with Foxbit.

B3, the Brazilian stock exchange, will begin trading bitcoin futures contracts within the next three to six months and hopes to offer crypto-based services.

XP is the largest broker by market value in Brazil and they intend to launch bitcoin trading by the end of June this year, in partnership with Nasdaq and BitGo.

The country is favoring a single Bitcoin and cryptocurrency legislation in an effort to enact it by the first half of 2022.

The Bitcoin-only fintech gaming company, ZEBEDEE, has partnered with bitcoin exchange Bipa to allow instant conversion off-ramps for Brazilian real through Lightning.

The Senate’s economic affairs committee unanimously approved a bill that seeks to regulate the day-to-day usage of bitcoin in financial transactions.

The ‘world’s local bitcoin company’ has revamped its brand design, added new features, and penetrated the Brazilian market.