Categories: Crypto Freedom News

Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances

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Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion, after reaching $12.3 billion last year. Likewise, crypto imports reached $4.69 billion in Q1 2024, rising by 118% compared to the numbers registered in Q1 […]

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Tags: BrazilCentral BankCryptoCryptocurrencyimportstrade balance
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