[New Bank Nubank Receives Brazilian Banking License, Successfully Retains "Bank" Name] According to Bitcoin.com News, Nubank, a new bank specializing in cryptocurrency business, has been granted permission to acquire Banco Porto Real de Investimentos S/A, thus officially obtaining a banking license in Brazil. This move allows the company to retain its existing name; previously, due to the lack of a Brazilian banking license, regulators had required it not to use the word "bank" in its name.