Brazilians Have Acquired $4B in Cryptocurrencies in 2021, Central Bank Says

Brazilians Have Acquired B in Cryptocurrencies in 2021, Central Bank Says
Brazilians acquired $496 million in cryptocurrencies in August and have already acquired $4.27 billion so far in 2021, the country’s Central Bank (BCB) disclosed on Friday.According to the Brazilian monetary authority, May was the peak of the cryptocurrency acquisition, with $756 million in purchases. Since then the figure dropped to $695 million in June and $583 million in July, but was still higher than in February and March. At that time $386 million and $357 million were acquired, respectively, Brazilian media outlet Portal do Bitcoin reported.Doing a mark-to-market estimation, total digital assets held by Brazilians would add up to nearly…