# Cryptocurrency adoption trends in Brazil

> Live situation record from CLSTR: https://clstr.news/situations/cryptocurrency-adoption-trends-in-brazil
> Updated: 2026-08-20T20:24:34.000Z. Sources: 5. Developments: 2.

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.

## Claims

- 17.2% of the Brazilian population, approximately 29 million people, own or have owned digital assets. (single source)
- Knowledge of cryptocurrencies in Brazil rose by 10.1 percentage points compared to 2025, reaching 66.4% of Brazilians. (single source)
- Banking applications have become the primary entry point for Brazilians into the crypto market. (single source)
- The Center-West region of Brazil shows increased cryptocurrency adoption, driven by the agribusiness sector. (single source)
- 77% of those who know about cryptocurrencies but have not invested cite technological complexity as a barrier. (single source)
- Crypto investors in Brazil express interest in voting for candidates committed to the sector in the National Congress. (single source)

## Timeline

### 2026-08-20: 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 sources. https://clstr.news/cluster/brazil-cryptocurrency-adoption-reaches-172-of-population

### 2026-08-18: 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.

3 sources. https://clstr.news/cluster/brazil-cryptocurrency-investment-reaches-29-million-people

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Cite as: Cryptocurrency adoption trends in Brazil. CLSTR, https://clstr.news/situations/cryptocurrency-adoption-trends-in-brazil