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Crypto Regulation

Brazil crypto market hits $98.7B in 2025 as banks expand services

Brazil’s crypto market reached 505.5 billion reais ($98.7 billion) in transaction volume in 2025, up fivefold from 2020, with corporate deals accounting for 98.3%. Major banks like Itaú, Nubank, and Banco do Brasil have expanded crypto offerings, though the central bank reports no proprietary holdings. New regulations require licensing by October 2026.

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