CriptoHub is a game changer, set to capitalise on Brazil’s Crypto Fever
Cryptocurrency has been growing in popularity by the day, and the latest country to feature sky-high growth in demand for this currency is the beautiful South American country of Brazil. As of end of year 2017, there were as many as 1.4 million Brazilians trading in cryptocurrency, investing $10billion a month on cryptocurrencies.
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CriptoHub aims to capitalise on this rising enthusiasm by launching its cryptocurrency exchange – based on cutting-edge technology – for the Brazilian market.
The Brazilian crypto market – positive regulation
Crypto has caught the people’s imagination in Brazil, and this is evident from the way the country has been building its supporting infrastructure to facilitate the unparalleled growth in demand for cryptocurrencies. One such development is the launching of the Brazilian Association of Cryptocurrencies and Blockchain (ABCB), which is aimed at facilitating the creation of legislation that will help the country progress, and capitalise on its crypto fever.
The underlying principle behind this initiative, among others, is to formalise the world of cryptocurrencies by forming a process for coordinating with government bodies and institutions about crypto trading. This
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