Tag: Brazil

January 26, 2023 BY Steffy Bogdanova

Edgewater opens a new São Paulo office

Managing Director and Head of Sales, Americas, Jose-Antonio Buenaño said: Brazil is a tremendous market for us, and one of the fastest-growing participants in currency trading globally. Edgewater believes strongly in ‘boots on the ground,’ where our uniquely experienced FX professionals, armed with unparalleled local knowledge, are closest to the markets, developments and players. With…

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August 22, 2022 BY Steffy Bogdanova

Ripple introduces RippleNet’s ODL in Brazil

By using ODL, Travelex will deliver near instant settlement and constant access to liquidity, allowing its customers to better grow and scale their business. Travelex will support payments between Mexico and Brazil at launch, however the company revealed plans to support more corridors and use cases, including internal treasury and bulk small and medium-sized enterprises…

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June 10, 2019 BY Mariela Naydenova

Ripple expands into Brazil with a new office

Ripple is not wasting its time when it comes to global expansion. The company has just opened a new office in Brazil - a strategic move that will help Ripple support their ever growing client base South America. The new office will enable all regional customers be closer to the San-Francisco-based startup. Ripple has already…

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October 17, 2017 BY Mariela Naydenova

Brazil's Central Bank President denounces Bitcoin

ETH News reported that on October 16th, the President of Brazil's Central Bank, Ilan Goldfajn, berated bitcoin as a "bubble" and a "pyramid". Brazil seems to be the next country to enter the "bitcoin conspiracy" theory that the digital currency may be a fraud and illegal method of accumulating value over time. While the technology behind…

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January 12, 2016 BY Mike Fox

Brazil's largest hedge fund increases bets against euro, real and renminbi

São Paulo-based Verde oversees about 37 billion reals ($9.2 billion) in clients' money. Reports show that Verde Asset Management, Brazil's largest hedge fund based out of São Paulo, has raised up bets against the euro as well as the Brazilian and Chinese currencies on expectations that U.S. interest rate hikes and slumping oil prices would continue…

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December 17, 2015 BY Mike Fox

Perseus expansion to connect Brazilian financial markets to the world’s largest financial liquidity centers

World leading provider of managed services for high-precision, high-speed, high-performance applications Perseus and RTM, the main technology provider in Brazil's financial industry announced the expansion of their existing relationship, bringing all RTM services onto the Perseus backbone, enabling service scalability across the globe. The network interconnection virtually connects all Brazilian financial market participants to the world’s largest…

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