Brazil’s Digital Asset Imports Hit Record $13.8B, Up 60%

Brazil’s digital asset imports have surged to record levels, with payments in digital assets for imports climbing 60.7% year-over-year. According to recent data from Banco Central do Brasil (BCB), Brazilian importers paid $13.797 billion in digital assets over the first nine months of 2024, surpassing the previous year’s total of $11.7 billion. This rapid increase cements Brazil’s position as a leader in digital asset adoption and underscores th...

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