Brazil

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.

Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
The product now has to be approved by the local stock exchange, B3.

Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang
The criminal group used a company that functioned as a crypto exchange.

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.

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.

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.

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.

Brazil to Impose 15% Tax on Crypto Earnings Held on Offshore Exchanges: Report
The bill is awaiting presidential approval.

Hashdex CEO Discusses Brazil's 'Sophisticated' Market for Crypto
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. Hashdex co-founder and CEO Marcelo Sampaio weighs in on the success of bitcoin ETFs in the country.

Spot Bitcoin ETFs Have Almost $100M in AUM in Brazil, Led by Hashdex Offering
Pro-market digital assets regulation and growing interest from large institutions are among the factors behind the success so far, said Hashdex's CEO.
