How big is the Brazilian cryptocurrency market?

[CoinCasso]

As we’ve already mentioned before, approximately 35 million people in this country hold some crypto.
With an unstable economy, more and more locals decide to invest in cryptocurrencies to improve their financial situation.

And, what makes Brazil so unique and attractive, is that the government is responding to the huge interest in crypto.
In April this year, Brazil’s Senate passed the bill governing cryptocurrencies also known as the “Bitcoin Law”.
This document should lay the foundations for building a regulatory framework for mining and trading crypto in the country.
The bill is now to be approved by the ​​Chamber of Deputies and later on by the President.
All these factors combined, make Brazil a unique country with a huge potential for the development of the cryptocurrency industry.

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https://coincasso.com/our-backstage/brazil-entering-the-new-cryptocurrency-market/