Brazil securities regulator, Comissão de Valores Mobiliários (CVM), has given the green light to the country's first-ever spot XRP ETF.
Bitcoin is seeing intense demand in Brazil as the broader crypto adoption in the country has grown to a whole new level
Trading volumes in the Brazil crypto market have surged by 30% year-over-year to $6 billion between January and May 2024.
Brazil is the largest crypto market in Latin America and the seventh-largest worldwide in terms of fiat currency trade.
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