Brazil


Finance

Second Solana ETF Approved in Brazil

The product will be launched by Brazil-based asset manager Hashdex in partnership with local investment bank BTG Pactual.

Rio de Janeiro, Brazil (Raphael Nogueira/Unsplash)

Policy

Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.

(Vadim Artyukhin/Unsplash)

Finance

Digital Assets Infrastructure Provider Parfin Raises $10M in Series A Funding

The company plans to reach $16 million by the end of a second closing.

Parfin co-founders (left to right): Alex Buelau, Marcos Viriato and Cristian Bohn (Parfin)

Videos

FTX, Alameda Ordered to Pay $12.7B to Creditors; Brazil’s SEC Approves Solana-Based ETF

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a New York judge officially ordered defunct crypto exchange FTX and trading firm Alameda Research will pay $12.7 billion to creditors. Plus, the Brazilian SEC has approved a Solana-based ETF, and Kamala Harris and Donald Trump are tied on Polymarket.

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Policy

Brazil’s Securities and Exchange Commission Approves Solana-Based ETF

The product now has to be approved by the local stock exchange, B3.

Rio de Janeiro, Brazil (Raphael Nogueira/Unsplash)

Policy

Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang

The criminal group used a company that functioned as a crypto exchange.

(Ramon Buçard/Unsplash)

Policy

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

(Christiann Koepke/Unsplash)

Finance

BlackRock's Spot Bitcoin ETF Starts Trading in Brazil

The asset manager's geographic expansion of the iShares Bitcoin Trust ETF (IBIT) follows its successful introduction in the U.S. in January.

Brazil (Agustin Diaz Gargiulo / Unsplash)

Videos

Digital Assets Head Weighs in on Spot Bitcoin ETF Race in the U.S.

BTG Pactual head of digital assets Andre Portilho breaks down the success of spot bitcoin exchange-traded fund (ETF) in Brazil with both retail and institutional investors. And, whether Portilho thinks the ETF products could create similar amount of demand if approved in the U.S.

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Videos

Understanding the Success of Spot Bitcoin ETFs in Brazil

As investors continue to await approval of a spot bitcoin exchange-traded fund (ETF) in the U.S., a check of Brazil finds hefty demand for such vehicles which have been trading in that country for more than two years. BTG Pactual head of digital assets Andre Portilho shares his thoughts on Brazil's cryptocurrency appetite. BTG Pactual is one of Latin America's largest asset managers.

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