The market was recently rocked by a fraudulent scheme involving the $Libra token, promoted by Argentine President Javier Milei. The token’s value was artificially inflated and subsequently plummeted when the promoters withdrew their funds, leaving thousands of investors at a loss.
In Brazil, the Brazilian Securities and Exchange Commission (CVM) has approved the launch of the world’s first ETF (index fund) with exposure to XRP, the third-largest cryptocurrency by market capitalization. This initiative represents a significant advance in the integration of digital assets into the traditional Brazilian financial market. $BTC
