Brazil is a young country with a median of 32 where cryptocurrency usage is on the rise

Written by olivier-acuna | Published 2019/08/07
Tech Story Tags: brazil | cryptocurrency | cryptocurrency-ownership | minimum-wage | unbanked | banking-on-mobile-phones | latest-tech-stories | hackernoon-top-story

TLDR The South American country ranks high in many areas of digital adoption, including mobile phone usage, apps download, time spent on the internet and cryptocurrency, to mention a few. While having one of the lowest minimum wages in the region, it has the largest number of billionaires in Latin America. The average Brazilian market participant has two or three cryptocurrencies in their wallet, according to a report by the Business Administration School of Sao Paulo. The Brazilian Congress is currently revising cryptocurrency regulations as it seeks to implement rules as a response to the increased interest in the country.via the TL;DR App

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Written by olivier-acuna | Journalist since 1984. In Web3 since 2018. Writer, reporter, ghostwriter, marketing, and Public Relations.
Published by HackerNoon on 2019/08/07