3db0b70f 5c92 476e 8560 bb723bfa4d30 1 768x432 Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances

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

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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