According to the last data issued by the Brazilian tax authority (RBF), almost 42,000 companies bought some kind of cryptocurrency during October.
The organization registered that almost 42,000 companies purchased some kind of cryptocurrency during October, a new record that overturns the 40,161 that declared having purchased crypto during September.More and more companies are introducing crypto as part of their treasuries in Brazil. According to the last
issued by the Brazilian tax authority , which is empowered by law to receive crypto purchasing statements from taxpayers, almost 42,000 companies bought some kind of cryptocurrency during October.These 41,817 companies that purchased crypto broke the previous record number registered in September when 40,161 institutions also broke the previous record. However, the number of individuals that bought crypto during the same period fell to 1.265.818 from the almost 1.
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