FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO By Cointelegraph
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The crumbling of the FTX crypto empire may have damaged Brazilian retail and institutional sentiment toward crypto. However, its impact won’t affect everyday citizens — who will still use crypto for cross-border transactions.
Reflecting on the recent fall of FTX, Thiago César, the CEO of fiat on-ramp provider Transfero Group, said that the exchange’s fall, like in many countries around the world, has hurt confidence around centralized crypto exchanges and crypto in general.
Continue Reading on Coin Telegraph
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The crumbling of the FTX crypto empire may have damaged Brazilian retail and institutional sentiment toward crypto. However, its impact won’t affect everyday citizens — who will still use crypto for cross-border transactions.
Reflecting on the recent fall of FTX, Thiago César, the CEO of fiat on-ramp provider Transfero Group, said that the exchange’s fall, like in many countries around the world, has hurt confidence around centralized crypto exchanges and crypto in general.
Continue Reading on Coin Telegraph