AGP Executive Report
Last update: 9 hours agoCrypto Rules: Coinbase filed for a Brazilian virtual-asset license ahead of the Oct. 30 deadline, allowing it to keep serving customers while regulators review its application. Itaú has also registered crypto custody and trading services, while Colombia’s Bre-B network is set to test USDC settlement with Circle and ACI Worldwide. Banking: BBVA’s third-quarter profit rose 19%, with Mexico earnings up 19% as stronger lending income and the peso supported results. Brazil’s Outlook: Pluxee expects lower 2027 profit as Brazil’s meal-voucher reforms take effect, despite stronger-than-expected 2026 earnings. Lula’s election win has unsettled investors, with Brazilian stocks tumbling after the result. Argentina: An IMF agreement clears the way for a US$900 million disbursement, offering fresh support for the country’s finances.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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