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 […]
Source: https://news.bitcoin.com/cryptocurrency-imports-in-brazil-break-records-and-begin-to-affect-trade-balances/
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances
