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For the first time in a single month, 12,053 companies declare | BioA3 Announcements

For the first time in a single month, 12,053 companies declared crypto purchases in August, surpassing the previous record in June when 11,797 firms bought digital assets, the South American country's tax authority, Receita Federal, has reported.

Receita Federal added that Brazilian companies collectively hold 10.9 billion Brazilian reals in crypto, equivalent to $2.1 billion.

The market is changing from just a digital niche phenomenon and crossing the line to the real world, everyday more companies and people choose to welcome this new system of a decentralized currency to take a step into the future.

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