According to the Brazilian monetary authority, May was the peak of cryptocurrencies’ acquisition, with $756 million in purchases. Since then the figures have dropped to $695 million in June and $583 million in July, but were still higher than in February and March, when $386 million and $357 million were acquired, respectively, Brazilian media outlet Portal do Bitcoin reported.
Related posts
-
Top UAE Bank Joins the Crypto Revolution With Investment in Zodia Custody
Emirates NBD, a leading United Arab Emirates (UAE) bank,... -
Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody
The Central Bank of Brazil acknowledged that a proposal... -
Former Silvergate Bank CTO and Trump’s ‘Crypto Czar’ David Sacks Speak Out on Operation Choke Point
Operation Choke Point 2.0, a campaign of regulatory pressure...