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Crypto Market Rebounds: Will Brazil Embrace Regulation

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By Alexandre Pereira

📈 The cryptocurrency market broke US$2 trillion in market capitalization for the first time since 2021.

🪙 Bitcoin (BTC) surpassed $52,000 yesterday (Feb 15), making it a trillion-dollar asset once again.

🤔 My prediction is that Brazil will see a surge in the purchase of cryptocurrency due to the market’s rebound and the lack of a stable fiscal policy set by the government.

📆 It could push regulation in Brazil to move forward, especially after the public hearing that happened last month.

🤞Let’s see what happens in 2024. It seems that the market is rebounding from the FTX scandal.

Alexandre Pereira
Alexandre Pereira
Driving Payment Success with Banks, Acquirers and Card Schemes 🏦💳 | Payments Strategy ♜💡 | Global Cross-Border Payments Expert 🌎 | Payment Partnerships 🤝 | Payment Consulting 📋🎯

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