Binance Square

brazil

136,567 views
240 Discussing
🚨 🇧🇷 NEW: Brazilian Pro-Bitcoin Fintech Company Méliuz is Currently the Most Traded Stock in Brazil for 2025, Up 197% YTD Massive growth for Méliuz as it continues to lead the Brazilian stock market in 2025! 🚀$BTC $RSR $HYPER Up 197% Year-to-Date A true powerhouse in the pro-Bitcoin fintech sector Is this just the beginning for Méliuz? #meliuz #bitcoin #CryptoStocks #Brazil #stockmarket
🚨 🇧🇷 NEW: Brazilian Pro-Bitcoin Fintech Company Méliuz is Currently the Most Traded Stock in Brazil for 2025, Up 197% YTD
Massive growth for Méliuz as it continues to lead the Brazilian stock market in 2025! 🚀$BTC $RSR $HYPER
Up 197% Year-to-Date
A true powerhouse in the pro-Bitcoin fintech sector
Is this just the beginning for Méliuz?
#meliuz #bitcoin #CryptoStocks #Brazil #stockmarket
See original
Brazil goes big: The Central Bank uses Drex data to decide interest rates!Hot news from Brazil: The Central Bank is using transaction data from the digital currency Drex to make top-notch interest rate decisions. Each transaction has a clear timestamp on the blockchain, helping to extract all info about consumption and real-time liquidity. Drex is currently experimenting with 16 organizations, waiting for the 'green light' from Congress to expand. This is a major breakthrough, elevating crypto to the level of mainstream economic management. If you’re excited about this step, don’t miss out!

Brazil goes big: The Central Bank uses Drex data to decide interest rates!

Hot news from Brazil: The Central Bank is using transaction data from the digital currency Drex to make top-notch interest rate decisions. Each transaction has a clear timestamp on the blockchain, helping to extract all info about consumption and real-time liquidity. Drex is currently experimenting with 16 organizations, waiting for the 'green light' from Congress to expand. This is a major breakthrough, elevating crypto to the level of mainstream economic management. If you’re excited about this step, don’t miss out!
See original
🔁 Ripple expands XRP and RLUSD payment services for cross-border payments in Europe and Brazil Narrative: Ripple announced a significant expansion of cross-border payment services using XRP and RLUSD (its associated stablecoin), to include Europe and Brazil through strategic partnerships with regional financial institutions. Highlights: • RLUSD is used to settle transactions in euros and Brazilian reals. • Partnership with platforms like Bitso and Banco Rendimento. • Ripple aims to accelerate payments and reduce transfer costs for institutions. Analysis: This expansion enhances Ripple's position in the institutional payments sector and increases the prospects for widespread adoption of RLUSD as a serious competitor in the stablecoin market. #Ripple #XRP #RLUSD #CrossBorderPayments #Brazil #Europe #CryptoAdoption2025 #xrp
🔁 Ripple expands XRP and RLUSD payment services for cross-border payments in Europe and Brazil

Narrative:
Ripple announced a significant expansion of cross-border payment services using XRP and RLUSD (its associated stablecoin), to include Europe and Brazil through strategic partnerships with regional financial institutions.

Highlights:
• RLUSD is used to settle transactions in euros and Brazilian reals.
• Partnership with platforms like Bitso and Banco Rendimento.
• Ripple aims to accelerate payments and reduce transfer costs for institutions.

Analysis:
This expansion enhances Ripple's position in the institutional payments sector and increases the prospects for widespread adoption of RLUSD as a serious competitor in the stablecoin market.

#Ripple #XRP #RLUSD #CrossBorderPayments #Brazil #Europe #CryptoAdoption2025
#xrp
Jan 6
Binance Secures Regulatory Authorization in Brazil, Its 21st Globally#binance Binance Secures Regulatory Authorization in Brazil, Its 21st Globally Main Takeaways Binance has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in Latin America’s most populous country, marking its 21st global regulatory milestone and solidifying its status as the most licensed cryptocurrency exchange worldwide. Binance CEO Richard Teng highlighted Brazil's burgeoning crypto adoption and emphasized the company's commitment to providing a secure and innovative platform for local users. Binance's regulatory milestone in Brazil follows similar achievements in Argentina, India, Kazakhstan, and others, highlighting its commitment to growing crypto adoption in a responsible and sustainable manner. In a development that underscores Binance’s commitment to adhering to the highest regulatory standards both globally and regionally, we have recently secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous country. This achievement marks our 21st global regulatory milestone, further solidifying our status as the cryptocurrency exchange with the greatest number of licenses, registrations, and authorizations across the world. Brazil: Embracing the Future of Finance By receiving full approval for the takeover of Sim;paul – a licensed broker-dealer authorized to distribute securities and to issue electronic money (EMI) by the Central Bank of Brazil, Binance, which was already operating in compliance with the regulatory requirements in the country as a global exchange, can be more efficient in complying with the ongoing regulatory advancements. The approval also makes Binance the first crypto exchange to have a broker-dealer license in Brazil. Richard Teng, Binance's Chief Executive Officer, highlighted the importance of this achievement, saying, "We are thrilled to announce our latest regulatory approval. A market with burgeoning crypto adoption, Brazil is home to a vibrant and dynamic community that is readily embracing the future of finance. We thank local regulators for their commitment to defining clear rules for this important, growing industry. This approval underscores our commitment to compliance and security, and we look forward to continuing to provide our local users with a secure, reliable, and innovative platform for their digital-asset needs." Ranking 10th in Chainalysis global adoption index, Brazil is taking a forward-looking approach to setting specific rules for the crypto industry. The Central Bank and the Brazilian IRS have published proposals for a dedicated regulatory framework, putting it up for public consultations for market participants and experts to make suggestions, while in Congress legislators discuss federal bills on asset segregation and stablecoins, which are also relevant for the sector. Guilherme Nazar, Head of Latin America for Binance, commented, “This approval marks a significant milestone in our ongoing commitment to expanding our products and services in Brazil. It highlights our dedication to compliance and regulatory excellence while enhancing our ability to provide secure and innovative financial solutions to our growing user base in the country. We look forward to taking this opportunity to further drive the adoption of digital assets and deliver unparalleled value to our clients in Brazil." Starting 2025 on a High Note Binance's registration in Brazil follows other recent regulatory advancements across the globe this year, including in Argentina, India, Kazakhstan, and Indonesia. This dynamic showcases Binance’s sustained global momentum and adds to previously secured licenses, registrations, and authorizations in jurisdictions like Dubai, France, Japan, El Salvador, and others. In line with its global standards, our compliance program includes robust anti-money laundering (AML) policies and controls and a comprehensive framework for combating the financing of terrorism (CFT). In addition to that, key components of Binance's compliance program include robust identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and the industry-leading Financial Crime Compliance (FCC) unit, designed to assist law enforcement in investigating crypto asset-related crimes and capacity building, thereby strengthening the collaborative security of the ecosystem. Furthermore, we have expanded our global compliance team by 34% to 645 full-time employees, including strategic senior hires. We employ over 1,000 compliance staff and contractors, ensuring that we dedicate sufficient resources to drive Binance and the larger crypto ecosystem’s growth sufficiently and responsibly. Further Reading Binance Records Its 20th Global Regulatory Milestone With Registration in Argentina Binance Achieves Its 19th Global Regulatory Milestone With Registration in India Binance Kazakhstan: The First to Secure a Full Regulatory License From AFSA #Brazil

Binance Secures Regulatory Authorization in Brazil, Its 21st Globally

#binance
Binance Secures Regulatory Authorization in Brazil, Its 21st Globally
Main Takeaways
Binance has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in Latin America’s most populous country, marking its 21st global regulatory milestone and solidifying its status as the most licensed cryptocurrency exchange worldwide.

Binance CEO Richard Teng highlighted Brazil's burgeoning crypto adoption and emphasized the company's commitment to providing a secure and innovative platform for local users.

Binance's regulatory milestone in Brazil follows similar achievements in Argentina, India, Kazakhstan, and others, highlighting its commitment to growing crypto adoption in a responsible and sustainable manner.

In a development that underscores Binance’s commitment to adhering to the highest regulatory standards both globally and regionally, we have recently secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous country. This achievement marks our 21st global regulatory milestone, further solidifying our status as the cryptocurrency exchange with the greatest number of licenses, registrations, and authorizations across the world.

Brazil: Embracing the Future of Finance
By receiving full approval for the takeover of Sim;paul – a licensed broker-dealer authorized to distribute securities and to issue electronic money (EMI) by the Central Bank of Brazil, Binance, which was already operating in compliance with the regulatory requirements in the country as a global exchange, can be more efficient in complying with the ongoing regulatory advancements. The approval also makes Binance the first crypto exchange to have a broker-dealer license in Brazil.

Richard Teng, Binance's Chief Executive Officer, highlighted the importance of this achievement, saying, "We are thrilled to announce our latest regulatory approval. A market with burgeoning crypto adoption, Brazil is home to a vibrant and dynamic community that is readily embracing the future of finance. We thank local regulators for their commitment to defining clear rules for this important, growing industry. This approval underscores our commitment to compliance and security, and we look forward to continuing to provide our local users with a secure, reliable, and innovative platform for their digital-asset needs."

Ranking 10th in Chainalysis global adoption index, Brazil is taking a forward-looking approach to setting specific rules for the crypto industry. The Central Bank and the Brazilian IRS have published proposals for a dedicated regulatory framework, putting it up for public consultations for market participants and experts to make suggestions, while in Congress legislators discuss federal bills on asset segregation and stablecoins, which are also relevant for the sector.

Guilherme Nazar, Head of Latin America for Binance, commented, “This approval marks a significant milestone in our ongoing commitment to expanding our products and services in Brazil. It highlights our dedication to compliance and regulatory excellence while enhancing our ability to provide secure and innovative financial solutions to our growing user base in the country. We look forward to taking this opportunity to further drive the adoption of digital assets and deliver unparalleled value to our clients in Brazil."

Starting 2025 on a High Note
Binance's registration in Brazil follows other recent regulatory advancements across the globe this year, including in Argentina, India, Kazakhstan, and Indonesia. This dynamic showcases Binance’s sustained global momentum and adds to previously secured licenses, registrations, and authorizations in jurisdictions like Dubai, France, Japan, El Salvador, and others.

In line with its global standards, our compliance program includes robust anti-money laundering (AML) policies and controls and a comprehensive framework for combating the financing of terrorism (CFT). In addition to that, key components of Binance's compliance program include robust identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and the industry-leading Financial Crime Compliance (FCC) unit, designed to assist law enforcement in investigating crypto asset-related crimes and capacity building, thereby strengthening the collaborative security of the ecosystem.

Furthermore, we have expanded our global compliance team by 34% to 645 full-time employees, including strategic senior hires. We employ over 1,000 compliance staff and contractors, ensuring that we dedicate sufficient resources to drive Binance and the larger crypto ecosystem’s growth sufficiently and responsibly.

Further Reading
Binance Records Its 20th Global Regulatory Milestone With Registration in Argentina

Binance Achieves Its 19th Global Regulatory Milestone With Registration in India

Binance Kazakhstan: The First to Secure a
Full Regulatory License From AFSA
#Brazil
Sep 14, 2024
Dec 4, 2024
See original
The biggest joke you'll read until the end of the year. Globo masks the headline of the news while QUAEST tilts the survey to the left. Buy as much crypto as you can and reduce your capital in BRL as much as you can, because the ship is going to sink. 🙈🙉🙊 #brazil #economy
The biggest joke you'll read until the end of the year.

Globo masks the headline of the news while QUAEST tilts the survey to the left.

Buy as much crypto as you can and reduce your capital in BRL as much as you can, because the ship is going to sink. 🙈🙉🙊

#brazil #economy
Dec 13, 2024
In #Brazil , if you leave money in savings, LCI or LCA, you will be losing at least 10% per year due to #inflation Imagine saving your money and at the end of the year, realizing that it is worth 10% less The healthiest way to save money today without suffering the consequences of volatility is without a doubt to dollarize your capital Do you have another opinion? Tell us
In #Brazil , if you leave money in savings, LCI or LCA, you will be losing at least 10% per year due to #inflation

Imagine saving your money and at the end of the year, realizing that it is worth 10% less

The healthiest way to save money today without suffering the consequences of volatility is without a doubt to dollarize your capital

Do you have another opinion? Tell us
See original
See original
🚨 *The Shocking Truth Behind Elon, Brazil, and Censorship* 🚨Last year, *Elon Musk* pulled back the curtain on some seriously unsettling revelations in Brazil. 😳 While most of us were just keeping up with the latest crypto tweets, something bigger was happening behind the scenes. *Brazil's Supreme Court* was exposed for *secretly issuing orders* to silence opposition voices, and *Justice Alexandre de Moraes*, the main architect of Brazil's internet crackdown, accused Elon of *“obstruction of justice”*. 🧐 To make matters worse, *Brazil temporarily banned X (formerly Twitter)* in response to these tensions. But here’s where it gets even crazier... 💥 *Mike Benz*, a former State Department official, revealed that *USAID* (U.S. Agency for International Development) had been funneled taxpayer money to *left-wing groups* with one specific agenda: *censorship*. 🇺🇸💰 These groups were actively trying to control narratives and even influenced the *2022 Brazilian elections*. At first, many dismissed this as a *conspiracy theory*, but then, *DOGE* (Elon Musk’s favorite) exposed something even bigger. It turned out that *USAID* had been *funding censorship efforts globally*, with billions being spent to control *media narratives* and push for more *internet censorship* worldwide. 🌍📉 And here’s the kicker—*Elon Musk* paid over *$10 billion in taxes* 💸, only for *USAID* to use *taxpayer money* to *fund censorship efforts* that directly targeted him and his defense of *free speech*. 🧐💡 --- *What Does This Mean?* - *Elon’s Efforts for Free Speech*: Elon Musk has always been vocal about *freedom of speech*. But when he called out the hidden censorship tactics, it not only cost him personally, but also exposed the massive power structures at play, controlling what we see and hear. 📢 - *Global Influence*: The *USAID* revelations are part of a *larger global issue* where governments use *taxpayer money* to influence and control narratives. These moves are not just *isolated* but part of a *worldwide agenda*. - *Censorship Pushback*: Elon’s pushback shows that sometimes, standing up for free speech can lead to massive backlash from powerful forces. But it also serves as a warning of what happens when *big powers* control the flow of information. 🕵️‍♂️ --- *Let That Sink In...* Elon Musk was not only *fighting censorship* but also confronting a global system funded by *your taxpayer dollars*—a system that went after him for promoting *free speech*. 😲 --- *Stay informed. Stay vigilant. The battle for free speech is more complex than we think.* $DOGE {spot}(DOGEUSDT) #ElonMusk #Censorship #Brazil #CryptoNews #DOGE

🚨 *The Shocking Truth Behind Elon, Brazil, and Censorship* 🚨

Last year, *Elon Musk* pulled back the curtain on some seriously unsettling revelations in Brazil. 😳 While most of us were just keeping up with the latest crypto tweets, something bigger was happening behind the scenes.

*Brazil's Supreme Court* was exposed for *secretly issuing orders* to silence opposition voices, and *Justice Alexandre de Moraes*, the main architect of Brazil's internet crackdown, accused Elon of *“obstruction of justice”*. 🧐 To make matters worse, *Brazil temporarily banned X (formerly Twitter)* in response to these tensions.

But here’s where it gets even crazier... 💥

*Mike Benz*, a former State Department official, revealed that *USAID* (U.S. Agency for International Development) had been funneled taxpayer money to *left-wing groups* with one specific agenda: *censorship*. 🇺🇸💰 These groups were actively trying to control narratives and even influenced the *2022 Brazilian elections*.

At first, many dismissed this as a *conspiracy theory*, but then, *DOGE* (Elon Musk’s favorite) exposed something even bigger. It turned out that *USAID* had been *funding censorship efforts globally*, with billions being spent to control *media narratives* and push for more *internet censorship* worldwide. 🌍📉
And here’s the kicker—*Elon Musk* paid over *$10 billion in taxes* 💸, only for *USAID* to use *taxpayer money* to *fund censorship efforts* that directly targeted him and his defense of *free speech*. 🧐💡

---

*What Does This Mean?*

- *Elon’s Efforts for Free Speech*: Elon Musk has always been vocal about *freedom of speech*. But when he called out the hidden censorship tactics, it not only cost him personally, but also exposed the massive power structures at play, controlling what we see and hear. 📢

- *Global Influence*: The *USAID* revelations are part of a *larger global issue* where governments use *taxpayer money* to influence and control narratives. These moves are not just *isolated* but part of a *worldwide agenda*.

- *Censorship Pushback*: Elon’s pushback shows that sometimes, standing up for free speech can lead to massive backlash from powerful forces. But it also serves as a warning of what happens when *big powers* control the flow of information. 🕵️‍♂️

---

*Let That Sink In...*

Elon Musk was not only *fighting censorship* but also confronting a global system funded by *your taxpayer dollars*—a system that went after him for promoting *free speech*. 😲

---

*Stay informed. Stay vigilant. The battle for free speech is more complex than we think.*

$DOGE

#ElonMusk #Censorship #Brazil #CryptoNews #DOGE
See original
Bolsonaro's currency is in the air: $BRAZIL... but it seems that it is because the president's account had been hacked!! In other words, be careful with the $BRAZIL token #brazil #bolsonaro
Bolsonaro's currency is in the air: $BRAZIL... but it seems that it is because the president's account had been hacked!! In other words, be careful with the $BRAZIL token #brazil #bolsonaro
**World’s First XRP Spot ETF Launches in Brazil** Hashdex has launched **XRPH11**, the world’s first **XRP spot ETF**, on Brazil’s B3 exchange. The fund tracks the **Nasdaq XRP Index**, investing at least **95% in XRP**, offering institutional and advanced investors **regulated crypto exposure**. This marks Hashdex’s **ninth ETF** on B3, expanding its single-asset offerings (including **BTC, ETH, and SOL** ETFs). While Brazil holds just **0.9% of global crypto ETP assets**, XRP’s recent **$37.7M weekly inflows** suggest strong demand. Meanwhile, **U.S. XRP ETF approvals** remain pending, with Polymarket giving a **74% chance in 2025**. Analysts predict major firms like **BlackRock** may soon enter the space. 🚀 **Follow @Hashdex for updates!** #XRPEETF #Crypto #Brazil
**World’s First XRP Spot ETF Launches in Brazil**

Hashdex has launched **XRPH11**, the world’s first **XRP spot ETF**, on Brazil’s B3 exchange. The fund tracks the **Nasdaq XRP Index**, investing at least **95% in XRP**, offering institutional and advanced investors **regulated crypto exposure**.

This marks Hashdex’s **ninth ETF** on B3, expanding its single-asset offerings (including **BTC, ETH, and SOL** ETFs). While Brazil holds just **0.9% of global crypto ETP assets**, XRP’s recent **$37.7M weekly inflows** suggest strong demand.

Meanwhile, **U.S. XRP ETF approvals** remain pending, with Polymarket giving a **74% chance in 2025**. Analysts predict major firms like **BlackRock** may soon enter the space.

🚀 **Follow @Hashdex for updates!** #XRPEETF #Crypto #Brazil
#xrpetf Brazil has officially launched the world’s first spot XRP ETF. The fund, titled XRPH11, began trading on April 25, 2025, on B3, the country’s principal stock exchange. Issued by Hashdex and managed by Genial Investimentos, this marks another milestone in Brazil's progressive approach to digital assets—cementing its leadership in the Latin American crypto market. #xrpetf #XRPETFApproval #BrazilxrpETF #Brazil $XRP {spot}(XRPUSDT)
#xrpetf Brazil has officially launched the world’s first spot XRP ETF. The fund, titled XRPH11, began trading on April 25, 2025, on B3, the country’s principal stock exchange. Issued by Hashdex and managed by Genial Investimentos, this marks another milestone in Brazil's progressive approach to digital assets—cementing its leadership in the Latin American crypto market.
#xrpetf #XRPETFApproval #BrazilxrpETF #Brazil $XRP
🚨 Big News for XRP and Crypto Adoption! 🌍 🇧🇷 Hashdex has officially launched XRPH11, the world’s first XRP Spot ETF, now trading on the Brazilian market! 📊 Tracks: Nasdaq XRP Reference Price Index 💼 Allocation: 95% directly in XRP And that's not all... 🇺🇸 BREAKING: The SEC has approved a public launch date of April 30 for ProShares Trust’s XRP ETF! ⚡️ Massive momentum for XRP and another major leap for global crypto adoption! 🚀 #XRP #ETF #Brazil #CryptoNewss #XRPETF
🚨 Big News for XRP and Crypto Adoption! 🌍

🇧🇷 Hashdex has officially launched XRPH11, the world’s first XRP Spot ETF, now trading on the Brazilian market!

📊 Tracks: Nasdaq XRP Reference Price Index
💼 Allocation: 95% directly in XRP

And that's not all...

🇺🇸 BREAKING: The SEC has approved a public launch date of April 30 for ProShares Trust’s XRP ETF! ⚡️

Massive momentum for XRP and another major leap for global crypto adoption! 🚀
#XRP #ETF #Brazil #CryptoNewss #XRPETF
Jan 11
"Paving the way for a faster, greener future with blockchain-powered sustainability!" 🌍💚 🌱🚀 Major Milestone in Green Energy! 🚀🌱 The Macau International Carbon Exchange has successfully completed Brazil's first household photovoltaic International Renewable Energy Certificate (I-REC) transaction, marking a new chapter in sustainability! 🌍✨ This groundbreaking achievement leverages blockchain technology, dramatically reducing the time from electricity information registration to green certificate trading to just one week, compared to the previous one-month+ timeframe. ⏱️💡 With blockchain at its core, this innovation paves the way for faster, more efficient, and transparent green energy transactions worldwide. 🌱💚 #GreenEnergy #Sustainability #BlockchainInnovation #IREC #RenewableEnergy #ClimateAction #Brazil #carboncredits
"Paving the way for a faster, greener future with blockchain-powered sustainability!" 🌍💚

🌱🚀 Major Milestone in Green Energy! 🚀🌱

The Macau International Carbon Exchange has successfully completed Brazil's first household photovoltaic International Renewable Energy Certificate (I-REC) transaction, marking a new chapter in sustainability! 🌍✨

This groundbreaking achievement leverages blockchain technology, dramatically reducing the time from electricity information registration to green certificate trading to just one week, compared to the previous one-month+ timeframe. ⏱️💡

With blockchain at its core, this innovation paves the way for faster, more efficient, and transparent green energy transactions worldwide. 🌱💚

#GreenEnergy #Sustainability #BlockchainInnovation #IREC #RenewableEnergy #ClimateAction #Brazil #carboncredits
🚨 BREAKING: Brazil leads the way! 🇧🇷 🚀 Hashdex launches XRPH11, the world's FIRST $XRP spot ETF, tracking the Nasdaq XRP Reference Price Index (95% allocation). 🌐 A landmark moment for $XRP adoption! #XRP #CryptoETF #Brazil #Hashdex #Nasdaq
🚨 BREAKING: Brazil leads the way! 🇧🇷

🚀 Hashdex launches XRPH11, the world's FIRST $XRP spot ETF, tracking the Nasdaq XRP Reference Price Index (95% allocation).

🌐 A landmark moment for $XRP adoption!

#XRP #CryptoETF #Brazil #Hashdex #Nasdaq
Historic Moments for Ripple (XRP): A First Has Happened – Will a Chain Reaction Spark a Rally?Hashdex has launched the world’s first spot XRP exchange-traded fund (ETF) in collaboration with Genial Investimentos. Listed under the ticker XRPH11, the fund has begun trading on Brazil’s B3 exchange. XRPH11, which tracks the Nasdaq XRP Reference Price Index, is designed to allocate at least 95% of its net assets directly to XRP. Hashdex noted that exposure to XRP can be achieved through direct coin ownership, futures contracts that replicate the index’s performance, or other financial instruments that mirror Nasdaq’s benchmark. XRP Spot ETFs have not yet been approved in the US, but Bloomberg analysts believe that many altcoin ETFs, including XRP, $XRP will eventually gain approval under the Trump administration. This launch marks Hashdex’s ninth ETF offering in B3, expanding its single-asset crypto ETF lineup that already includes products linked to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). #NASDAQ $XRP {spot}(XRPUSDT) #Brazil

Historic Moments for Ripple (XRP): A First Has Happened – Will a Chain Reaction Spark a Rally?

Hashdex has launched the world’s first spot XRP exchange-traded fund (ETF) in collaboration with Genial Investimentos. Listed under the ticker XRPH11, the fund has begun trading on Brazil’s B3 exchange.
XRPH11, which tracks the Nasdaq XRP Reference Price Index, is designed to allocate at least 95% of its net assets directly to XRP. Hashdex noted that exposure to XRP can be achieved through direct coin ownership, futures contracts that replicate the index’s performance, or other financial instruments that mirror Nasdaq’s benchmark.
XRP Spot ETFs have not yet been approved in the US, but Bloomberg analysts believe that many altcoin ETFs, including XRP, $XRP will eventually gain approval under the Trump administration.
This launch marks Hashdex’s ninth ETF offering in B3, expanding its single-asset crypto ETF lineup that already includes products linked to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
#NASDAQ
$XRP
#Brazil
🇧🇷 Brazil Steps Ahead in Crypto Regulation with Bold Stablecoin Framework 🇺🇸 While the U.S. debates the GENIUS Act, Brazil is already moving fast—introducing strict new rules for stablecoin transfers and signaling clear intent to lead in digital asset regulation. 🏛 With the Central Bank of Brazil laying out a defined framework, the country is positioning itself as a regulatory pioneer in crypto, offering much-needed clarity in an increasingly complex landscape. 🌐 As the U.S. stalls, could Brazil become the go-to hub for compliant Web3 innovation? #CryptoRegulation #Stablecoins #Brazil #DigitalAssets
🇧🇷 Brazil Steps Ahead in Crypto Regulation with Bold Stablecoin Framework

🇺🇸 While the U.S. debates the GENIUS Act, Brazil is already moving fast—introducing strict new rules for stablecoin transfers and signaling clear intent to lead in digital asset regulation.

🏛 With the Central Bank of Brazil laying out a defined framework, the country is positioning itself as a regulatory pioneer in crypto, offering much-needed clarity in an increasingly complex landscape.

🌐 As the U.S. stalls, could Brazil become the go-to hub for compliant Web3 innovation?

#CryptoRegulation #Stablecoins #Brazil #DigitalAssets
Login to explore more contents