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2 clusters · 5 sources · 3 days · First seen · Last updated

Cryptocurrency adoption trends in Brazil

Overview

A national survey conducted by Datafolha and Paradigma indicates that cryptocurrency adoption in Brazil has reached approximately 29 million people, representing 17.2% of the population over 16. This reflects an increase from 16% reported 15 months prior. Digital assets have surpassed public bonds, the US dollar, and stocks in terms of reach, with Bitcoin being the most recognized asset at 60.7%.

Subsequent details from the survey highlight that 66.4% of Brazilians are now familiar with the technology. Traditional and digital banking applications have become the primary gateways for investors. Regional trends show increased adoption in the Center-West region, driven by the agribusiness sector.

While adoption is growing, 77% of those interested in investing but not yet participating cite technological complexity as a major barrier. Additionally, investors are showing increased political awareness, prioritizing candidates in the National Congress who support the regulation and development of the crypto ecosystem.

Entities

Datafolha · Brazil · Tether · Paradigma Education · Bitcoin

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. 22 days ago

    [BUSINESS] 2 sources
    Brazil cryptocurrency adoption reaches 17.2% of population

    A new survey shows 17.2% of Brazilians own or have owned crypto, with banking apps serving as the main entry point and agribusiness driving adoption in the Center-West region.

  2. 24 days ago

    [BUSINESS] 3 sources
    Brazil cryptocurrency investment reaches 29 million people

    A Datafolha and Paradigma survey shows 29 million Brazilians (17.2%) have invested in crypto, surpassing stocks and bonds in reach among local investors.

Sources

fnass.fr · livecoins.com.br · redacaomt.com.br · valor.globo.com · viagemegastronomia.com.br