Don't worry, your crypto won't go anywhere during the FTX collapse
The collapse of FTX has caused Brazilian retail and institutional sentiment toward crypto to decline, but this will not affect everyday citizens – who will still use crypto for cross-border transactions. -The collapse of FTX has removed a “big liquidity source” from the market, and this has caused a “big outflow of funds” from exchanges in Brazil. – Uncertainty surrounding centralized crypto…
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