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Brazilian resident <a href=https://www.cup-stanley-cup.ca>stanley ca</a> s are buying a lot of cryptocurrencies, even though the country plans to roll out new regulations, Finbold reported.Data from the Central Bank of Brazil showed residents have bought $4.27 billion in cryptos in 2021, with the highest amount, $756 million, being purchased in May, according to the report.In January, there was $419 million in cryptos bought, and in August there was $496 million, the report stated.The value of purchased cryptos shows how important it is to Brazils economy, particularly considering the way in which the pandemic has upended the economy and devalued most national currencies. Brazil, like many of its neighboring countries, has seen its economy roiled by inflation, hyperinflation cycles and deflation. Crypto has been a hedge in that fight, according to the report.In other news, the first bitcoin futures exchange-traded fund  ETF  started trading Tuesday  Oct. 19 , CNBC reported. This follows months of applications from various ETF providers in which ProShares won out.An announcement last week from the Securities and Exchange Commission  SEC  that it would allow a futures ETF for bitcoin saw the coins pri <a href=https://www.stanley-cups.ro>stanley cup romania</a> ce surge beyond $62,000.However, critics are still skeptical of the idea, with some saying buying a futures ETF in which the average retail inve <a href=https://www.stanleycups.pl>stanley kubek</a> stor doesnt understand ETFs or futures due to complexity isnt the best idea, according to the report.Meanwhile, Coinbase has revealed that its now the official crypto platform for the National  Qgvk Reengineering The Digital Payments Transition 鈥?With Engineers
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