Brazil Central Bank: July Crypto Purchases Drop 80% Month-over-Month to $572 Million

Data from the Central Bank of Brazil (BCB) shows that crypto purchases in July totaled $572 million, an 80% decrease from June's $2.6 billion and a 60% drop from July 2025. Fernando Rocha, head of the BCB's statistics department, attributed the decline to exchanges adapting to new regulatory environments, specifically citing anti-money laundering and governance requirements. Despite the monthly dip, total crypto purchases in Brazil reached $15.25 billion in 2026, more than double the $7.6 billion recorded in the same period of 2025. Most of these transactio