Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

By Bitcoin News | Created at 2024-10-06 22:50:16 | Updated at 2024-10-07 02:17:29 3 hours ago
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Experts Fear Cryptocurrency Outflows Might Affect Exchange Rates in BrazilAnalysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting at the use of virtual assets as payment tools. Cryptocurrency Outflows Dangerous […]
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