The first virtual currency launched by a Brazilian issuer, Niobium (NBC) is being issued to finance the development of BOMESP which was acquired by Stonohub Group.

Regulatory agency for Brazil’s capital market, the equivalent of the U.S. Securities & Exchange Commission (SEC), made a decision at the start of 2018 without precedent anywhere in the world. It determined that the digital currency Niobium Coin (NBC) is not a security.​