Latest MarketRadar stories about Latin America markets and economies.
Coinbase filed its virtual asset service provider application with Brazil's central bank on October 28, two days before the October 30 cutoff, and said it expects its existing Brazilian services to keep running while regulators review the filing.
Binance filed for a Brazil crypto licence on October 23 through its local unit BBrasil, seven days before the October 30 cutoff, after cutting 8 services and 22 tokens for Brazilian users.
Brazilian companies supplied 78% of Sunday volume on Mercado Bitcoin as they moved into dollar-pegged tokens, while Binance bitcoin-real turnover climbed 370% as the global bitcoin-dollar pair fell 25%.
Federal Judge Marcelo Martínez de Giorgi cleared President Javier Milei, his sister Karina and nine others in the LIBRA case on Friday, finding the memecoin's collapse did not by itself prove fraud — though an investors' court challenge could still reopen the dismissal.
Banco Bradesco director Regina Helena Jorge Nunes bought $562,163 in preference shares just as JPMorgan upgraded the stock and Brazil's election rally lifted the bank's ADR 15%.
Hurricane Isaias knocked out 72% of Gulf of Mexico oil output and 59% of its gas after making landfall near Destin, Florida — while a $79 million VLCC freight rate and the Iran war keep global energy markets on edge.
Binance will restrict eight services and end trading in 22 tokens for Brazilian residents on October 27 as it shifts users onto locally licensed entities under the central bank's new crypto framework.
Brazil votes on Sunday with the real caught between carry-trade appeal and fiscal risk, while Wednesday's Fed minutes and Thursday's Japan data set up a busy week for currency markets.
