Warren Buffett-Backed Neobank Nubank Launches Own Currency Nucoin

Warren Buffett-backed Nubank, a Brazil-based neobank that debuted crypto trading options back in May 2022 on its platform, has announced the launch of nucoin, its own cryptocurrency. Part of the first batch of the currency, issued on top of Polygon’s network,…

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other…

Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers

Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto…

Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no…