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Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins

Coins Legend May 17, 2026 0

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Coinbase co-founder Fred Ersham considers investing in Venezuela, Grupo Salinas partners with Anchorage Digital, and Brazil bans a bank from conducting foreign

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The $40 Billion Opportunity: Why Nubank and Revolut Are Betting Big on Mexico

Coins Legend May 17, 2026 0

Revolut and Nubank, two large neobanks, are now reaping the benefits of investing in Mexico, reaching milestones suggesting the market has reached an inflection point in the adoption of these alternatives, preferring them over traditional banks. Mexico Becomes A Hotbed for Alternative Neobanks The Mexican market, with over 90 million adults demanding financial solutions,

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Brazil Crypto Seizures Skyrocket 600% to $14 Million in 2025

Coins Legend May 17, 2026 0

According to local media, the use of cryptocurrency for illicit purposes has skyrocketed in Brazil, with criminal groups leveraging it for money laundering purposes. The number reached 71 million reais (nearly $14 million) of 505 billion reais ($100 billion) that circulated in Brazil in 2025. Brazil Registers Large Rise In Illegal Cryptocurrency Seizures Brazil, one […]

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UAE’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

Coins Legend May 17, 2026 0

Abu Dhabi’s Mubadala Investment Company raised its stake in Blackrock’s Ishares bitcoin ETF by 16% in Q1 2026, disclosing ownership of 14.7 million shares valued at $565.6 million. Quarter by Quarter Mubadala’s bitcoin ETF exposure has grown in every reporting period since it first appeared in disclosures. The fund entered in Q4 2024 with a […]

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Ermo Eero Says CLARITY Act Is ‘Not Yet the Bretton Woods Moment for Crypto’

Coins Legend May 17, 2026 0

Ironwallet CEO Ermo Eero warns that unilateral U.S. law cannot substitute for mutual international treaties. He notes that the crypto industry must build genuine institutional trust by policing bad actors from within rather than fighting external oversight. A Pivot for Domestic Capital The U.S. Senate Banking Committee’s recent advancement of the CLARITY Act marks a […]

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Financial Giant IG Expands UK Crypto Platform to 100+ Digital Assets

Coins Legend May 17, 2026 0

IG expanded UK crypto access with more than 50 additional digital assets, bringing its total offering above 100 tokens. The rollout follows regulatory approval for its crypto business and introduces swaps, advanced charting features, and upcoming wallet transfer support. IG Expands UK Crypto Access After FCA Registration The London-based trading platform IG announced on

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Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 Million

Coins Legend May 17, 2026 0

Canary XRP ETF reported 212.6 million XRP, valued at about $305 million, as its latest holdings update followed a quarterly SEC filing. The trust’s disclosures showed rising token holdings, spot-only exposure, and valuation pressure tied to XRP’s price action. Canary XRP ETF Reports Expanded Holdings Canary Capital Group published holdings for Canary XRP ETF showing […]

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What Comes Next for the CLARITY Act? Grayscale Flags Key Hurdles

Coins Legend May 17, 2026 0

Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum. The measure must now be merged with another Senate bill and reconciled with the House version. CLARITY Act’s Next Phase Hinges on Consolidation Crypto asset manager Grayscale Investments shared on May 15 what […]

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US Bond Market Cracks Show as 30-Year Treasury Clears Above 5% for First Time Since 2007

Coins Legend May 17, 2026 0

The U.S. Treasury sold $125 billion in new debt during the week of May 11, with buyers demanding the highest yields on 30-year bonds in nearly two decades. Investors Push 30-Year Treasury Yield Above 5% as U.S. Auction Demand Falls to 2007 Lows The three auctions, covering 3-year notes, 10-year notes, and 30-year bonds, settled […]

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Tokenized RWA Market Hits $34.5B With 100% Annual Growth as Institutional Inflows Grow

Coins Legend May 17, 2026 0

The tokenized real-world asset market crossed $37.5 billion in total market capitalization in May 2026, marking 100% growth year-on-year amidst deepening institutional demand for onchain yield. Institutions Pile Into Onchain Finance The scale of growth becomes clearer in a historical context because, as reported earlier, the tokenized RWA market cap surged 20 times over