Brazil’s Stride in Crypto Adoption
Brazil is making waves in the crypto world, particularly within Latin America. With around 12% of its people engaged in cryptocurrency transactions, the country has crafted a practical regulatory approach that seamlessly integrates cryptocurrencies into its financial framework. This has created a fertile ground for crypto adoption, particularly for stablecoins, which account for a staggering 90% of Brazil’s crypto dealings. The Brazilian government has rolled out Federal Law No 14.478/2022, laying down the law for virtual assets, further solidifying Brazil’s leading role in the crypto economy.
How Businesses are Adopting Bitcoin into Their Financial Plans
Companies in Brazil are beginning to see Bitcoin as a strategic asset instead of a…
