A new president in Brazil could be a pivotal moment for crypto.
In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election following a run-off race.Bolsonaro in an Oct.
30 run-off election with 50.9% of the vote — roughly 60.3 million people to the soon-to-be former president’s 58.2 million. Though the election outcome showed Lula has the right to take office starting in January 2023, reports have
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Luiz Inácio Lula da Silva wins Brazil presidential election; Jair Bolsonaro yet to concedeBrazilians delivered a very tight victory to Luiz Inácio Lula da Silva in a bitter presidential election, giving the leftist former president another shot at power in a rejection of incumbent Jair Bolsonaro's far-right politics.
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