While the environment of uncertainty in the global economy continues to exist, it is one of the largest countries in South America. Brazilian A survey of investors showed that no matter the circumstances, interest in crypto continues to grow.
According to the investment survey organized by a private institution in the country to cryptocurrencies Interest surpassed equities and precious metals markets.
Questionnaire respondents were asked, “Which investment product do you intend to choose in 2023?” The most common answer to the question was cryptocurrencies. A third of the sample indicated that they want to invest in crypto next year.
The proportion of investors interested in the housing and equity markets was 26% and 22%, respectively. Investors who stated that they would invest in precious metals were limited to 9%.
People Use Cryptocurrencies in Brazil
In the survey conducted in Brazil, besides their future investment plans, the participants were also asked which financial products they use or buy today.
While 72% of Brazilian citizens who participated in the survey stated that they received credit card services, the rate of those actively using cryptocurrencies was 26%.
The Government Is Not Going On Crypto
While the restriction of cryptocurrencies is discussed in many countries, Brazilian legislators do not prefer to focus on crypto activities at the moment. on the country’s stock market bitcoin and Ethereum While listing ETFs, banking firms like Nubank are also responding to users’ demand for crypto by offering a variety of services.
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