New Cryptocurrency Association To Be Established in Brazil

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Brazil’s largest cryptocurrency exchanges, together with Mercado Bitcoin, Bitcointrade and others are planning to create a cryptocurrency association. By joining the forces, they want to defend the interests of cryptocurrency users. Though, the organization, dubbed Associação Brasileira de Criptoeconomia (ABCripto) recently found out other companies created a “rival” association. Projects seemingly have different takes on potential cryptocurrency regulations, but believe they should work together, according to Natalia Garcia, ABCripto’s vice president.

 

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