- Ebury Bank has launched a new business line in Brazil as a Virtual Asset Service Provider (VASP), enabling companies to settle international operations using stablecoins under Central Bank guidelines.
- The company has been granted a Financial Intermediation License in Chile, allowing it to offer regulated Forwards and Options to local businesses.
Ebury, the global fintech leader, continues its rapid expansion across Latin America with two major regulatory milestones in Brazil and Chile.
In Brazil, following the successful integration of Banco Bexs, Ebury Bank has officially launched its Virtual Asset Service Provider (VASP) operation. This new business line introduces a sophisticated settlement track that allows corporate clients to pay, receive, and settle international transactions using stablecoins.
Fully compliant with the Central Bank of Brazil’s guidelines, this offering combines the speed of on-chain technology with the security and solidity of Ebury’s banking infrastructure.
Simultaneously, Ebury has secured a Financial Intermediation License in Chile. This pivotal achievement brings Ebury’s offering of Forwards and Options under a regulated umbrella in the Chilean market. Businesses in the region now have access to a wider range of sophisticated risk management tools to hedge against currency volatility with the confidence of a regulated partner.
Duarte Líbano-Monteiro, Chief Business Officer at Ebury, commented: “Latin America is a region of immense potential and growing complexity. By launching our VASP operation in Brazil and securing a financial license in Chile, we are providing businesses with the innovative tools they need to operate in a borderless world. We are uniting technical agility with regulatory excellence to ensure our clients can scale with confidence across the continent.”
