Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazilians Investing in Crypto in September – News Bitcoin News

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Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazilians Investing in Crypto in September – News Bitcoin News
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According to the statements of independent holders and of local exchanges received by the RFB, almost 1.5 million citizens invested in crypto during September.

According to the statements of independent holders and of local exchanges received by the institution, almost 1.5 million citizens invested in crypto during September. These 1,490,618 citizens represent an increase of more than 10% compared to the number of taxpayers thatBut the growth is even more impressive if compared to the numbers corresponding to September 2021, when only 424,524 cryptocurrency statements were received by the institution.

this means that the number of cryptocurrency investors has more than tripled in one year, a sign of the popularity that crypto has achieved in the country.While the market registered an increase in the number of statements, the amounts declared during September were lower than the ones registered in August. The number of cryptocurrencies held reached levels not seen since August 2020.

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