Brazil's crypto market strengthens with arrival of new players

From upi.com

Brazil's foothold in the rapidly expanding cryptocurrency market has grown stronger with the entry of U.S.-based trading platform Webull and crypto mining infrastructure firm Enegix. The global rise of cryptocurrencies has presented serious regulatory challenges for governments and central banks. In that context, Brazil has emerged as a pioneer, establishing a clear, transparent and collaborative legal framework for the oversight and accounting of digital assets. According to data from Chainalysis, Brazil accounted for more than 30% of all cryptocurrency transaction volume in Latin America in 2024 -- the highest in ... (full story)