Brazil Leads Global Markets with First Spot XRP ETF as SEC Reviews Multiple Applications
XRP surged 7.5% to $2.71 as Brazil approved the world's first spot XRP exchange-traded fund while the SEC reviews multiple ETF applications from major asset managers. The developments come amid ongoing regulatory scrutiny and Ripple's legal battle with the SEC over a $1.3 billion lawsuit.
Binance Makes History with First Crypto Broker-Dealer License in Brazil
Binance secures groundbreaking approval from Brazil's Central Bank to acquire Sim;paul, becoming the first crypto exchange with a broker-dealer license in the country. This milestone marks Binance's 21st global regulatory achievement and enables expanded services in Latin America's largest economy.
MetaMask Expands Crypto Payment Services Across Latin America with New Debit Card
MetaMask launches its cryptocurrency-enabled debit card in Brazil, Mexico, and Colombia, allowing users to spend digital assets wherever Mastercard is accepted. The expansion follows successful pilots in Europe and includes integration with major mobile payment platforms, marking a significant step toward mainstream crypto adoption in Latin America.
Brazil Considers $18.6 Billion Bitcoin Reserve in Pioneering Financial Strategy
Brazilian lawmaker proposes groundbreaking bill to allocate 5% of national reserves to Bitcoin, aiming to hedge against economic risks and support the country's digital currency initiatives. The legislation would position Brazil among the first nations to integrate cryptocurrency into sovereign reserves while promoting blockchain education and crypto sector development.