Latest from Francisco Rodrigues
Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.
Toncoin Climbs to $1.50 as Cocoon Debut Sparks Surge in Trading Volume
Cocoon lets GPU owners rent out computing power for AI tasks and receive TON tokens as compensation, with Telegram as the first user.
Ethereum's Fusaka Upgrade, Grayscale Chainlink Trust: Crypto Week Ahead
Your look at what's coming in the week starting Dec. 1.
Priced at Zero: How Brazil’s Méliuz Turned to Bitcoin to Escape a Treasury Trap
The company adopted a bitcoin treasury plan by deploying a strategy inspired by Metaplanet, with 66% shareholder approval, to mitigate negative returns from government bonds.
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.
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.
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.
‘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.
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.
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.
