The post Latam Insights: Coinbase Co-Founder Eyes Venezuela as Grupo Salinas Embraces Stablecoins appeared on BitcoinEthereumNews.com.
Key Takeaways Worth $2.6B, Coinbase’s Fred Ersham met officials to explore investments in Venezuela’s financial revival. Mexico’s Grupo Salinas tapped Anchorage Digital to next use a stablecoin system for cross-border flows. Over $1.7B in illicit flows, Brazil fined Banco Topazio, and enforced a 2-year crypto trading ban. Coinbase Co-Founder Meets with US and Venezuelan Officials in Major Investment Push Fred Ersham, co-founder of U.S.-based cryptocurrency exchange Coinbase and Paradigm, a venture capital firm, has traveled to Venezuela several times and has been meeting with government officials, including interim president Delcy Rodriguez and U.S. Interior Secretary Doug Burgum, according to Bloomberg. Ersham, with a net worth of $2.6 billion, would be interested in investing in several sectors of the Venezuelan economy, including fintech and payments
The US potentially holding over $1T in Bitcoin could influence global crypto policies, alter market dynamics, and impact geopolitical strategies.
The post Coinbase CEO says US government could hold over $1T in Bitcoin reserves appeared first on Crypto Briefing.
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 crypto trades. Coinbase Co-Founder Meets with US and Venezuelan Officials in […]
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 […]
The post Trump deepens crypto exposure with Coinbase and Strategy investments appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump and his family have further expanded their indirect exposure to the cryptocurrency sector. New financial disclosures reveal increased investments tied to major crypto-linked equities, including Coinbase Global and Strategy (formerly MicroStrategy). These shares were acquired in the first quarter of 2026, according to a financial disclosure submitted to the US Office of Government Ethics (OGE). The OGE Form 278-T was released to the public this week. It revealed thousands of stock trades made in the names of Trump and his family so far this year. This filing covers the collective assets and investments of the President, First Lady Melania Trump, and their dependent children. The relevant authorities conducting the investigation found that the president’s children control the family’s assets. Trump family’s major investments in key crypto firms h
The Bitcoin price has surged towards the $80,000 mark over the past few weeks, signaling an ongoing resurgence from the bear-market lows observed in the first quarter of 2026. However, the premier cryptocurrency appears to have run out of the bullish impetus to sustain its current recovery, as it hovers around a psychological price level. Interestingly, the latest on-chain data shows that the Bitcoin price could be forming a consolidation range around the $80,000 region. Weak Coinbase Demand, Zero Binance Sell Pressure Forms ‘Equilibrium Of Apathy’: Analyst In a May 15 post on the social media platform X, market analyst CryptoOnchain revealed that a “Low-Velocity Consolidation” setup seems to be forming in the current Bitcoin price structure. This evaluation is based on a confluence of three on-chain signals over the past couple of weeks. Related Reading: Ethereum Network Registers Strongest Profit Realization In Weeks — What This Means Firstly, CryptoOnchain shared that the Network Va
Binance captures 78% of May inflows as leverage stays low and Coinbase Premium signals weak U.S. spot demand. May is showing signs of recovery as exchange inflows rise and capital moves toward Binance. Market data shows $3.3 billion in net inflows month to date. About 78% of that capital has entered Binance, compared with its […]
The post Binance Dominance Signals Deeper Liquidity As May Inflows Reach New Highs appeared first on Live Bitcoin News.
Ersham has reportedly been meeting with Venezuelan officials, floating possible investments in the energy and fintech sectors. He recently appeared in a tech event hosted by Banco de Venezuela, promoting the nation’s potential to become the “best country in Latam.” Coinbase’s Fred Ersham Shows Interest in Venezuela’s Economic Recovery Potential While Venezuela has been battling […]