Top Brazil Official Doubles Down On Bitcoin Reserve Plan
4 Articles
4 Articles
Finovate Global Brazil: Debt Management, BNPL, and Building a Bigger Bitcoin Reserve
This week’s edition of Finovate Global features the latest fintech news and headlines from Brazil. Nubank unveils Recomeço to help borrowers renegotiate debt Brazilian fintech Nubank unveiled its latest and largest campaign to help customers with outstanding payments renegotiate their debts. The program, Recomeço, enables eligible customers to receive discounts of up to 99.9% for a limited time. These customers will be notified via the Nubank ap…

Top Brazil Official Doubles Down On Bitcoin Reserve Plan
Pedro Guerra, chief of staff to Vice‑President Geraldo Alckmin, has reaffirmed that he intends to press ahead with the idea of adding Bitcoin to Brazil’s sovereign reserves, arguing that the country can no longer afford to ignore “the most rigorously stress‑tested monetary network on the planet.” The proposal first surfaced late last month when Guerra deviated from a prepared address at the inauguration of the parliamentary “Competitive Brazil F…
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