Central Bank of Brazil Reports Brazilians Have Bought More Than $4 Billion in Cryptocurrency This Year


Reports by The Central Bank of Brazil (BCB) shows that Brazilians purchased over $4 billion in cryptocurrency since the beginning of the year, it also shows cryptocurrencies as part of the commercial balance of goods. Crypto purchase reached $756 million in May, and since then Brazilian’s interest im cryptocurrencies continues to grow which Bruno Serra, the director of monetary policy of the Central Bank of Brazil believes will not fade.