Francisco Rodrigues

Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.

Francisco Rodrigues

Latest from Francisco Rodrigues


Finance

Bitcoin ETFs Are Now BlackRock’s Top Revenue Source, Exec Says 


The firm's US-listed spot bitcoin ETF IBIT, launched in January 2024, reached $70 billion in assets in record time and has generated hundreds of millions in fees.

BlackRock logo in front of a building (BlackRock/Modified by CoinDesk)

Policy

Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows

A new reporting system, DeCripto, will be introduced in July 2025 to track crypto transactions.

(CoinDesk)

Finance

Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador

The card doesn't require preloading funds or custodial services, and carries a 2% fee on currency conversions, with no IOF tax for Brazilian users.

Rocelo Lopes at Blockchain Conference Brasil (BCB/Modified by CoinDesk)

Policy

‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo


An executive at a Brazil-based crypto firm argued that increasing regulation and surveillance are a threat to freedom, and that P2P tech remains a vital line of defense.

Surveillance (Milan Malkomes/Unsplash, modified by CoinDesk)

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Finance

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

Tether

Finance

Blockchain-Based Microloans Are Coming to Farmers in São Paulo

The project utilizes a blockchain infrastructure developed with Tanssi's technology, enabling predictable transaction fees and reliability, rather than relying on public blockchains.

Calculator on phone in front of charts (Jakub Żerdzicki/Unsplash/Modified by CoinDesk))

Web3

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.

Glasses in front of monitors with code (Kevin Ku/Unsplash/Modified by CoinDesk)

Markets

Toncoin Lags Broader Crypto Rebound as Derivatives Data Shows Cautious Optimism

Altcoin funding rates, including for TON, have turned positive, indicating renewed confidence among traders, but overall market participation remains muted.

"TON Surges 3.3% to $1.61 Amid $4M Nexton Investment Boosting DeFi Ecosystem"

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Finance

Trump Family-Linked Alt5 Sigma Ousts Top Execs After CEO Suspension Shakes Up Leadership

The company is on its third CEO in six weeks, with Tony Isaac appointed as Acting CEO, and has named Steven Plumb as its new CFO.

Man in suit in office (Helen Cramer/Unsplash/Modified by CoinDesk)

Policy

UK Proposes ‘No Gain, No Loss’ Tax Rule for DeFi in 'Major Win' for Users

The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.

Big Ben in the UK (Heidi Fin/Unsplash/Modified by CoinDesk)