The Brazilian Association of Crypto-economy (ABcripto) celebrates the entry of the brokerage Coinbase as its new member. With the mission of expanding global economic freedom and facilitating access to digital assets, the partnership marks a new chapter for strengthening the Brazilian cryptocurrency market.
With significant global presence, Coinbase is the largest crypto exchange in the United States and the only one listed on Nasdaq, in addition to being the largest custodian of crypto assets in the world, with over $273 billion under custody.
For Bernardo Srur, CEO of ABcripto, the arrival of Coinbase to the association is a big step for the Brazilian market. The expertise and commitment of the company to promote a safer and more accessible crypto economy reinforce our mission to foster a regulated and transparent environment, benefiting investors, companies and the ecosystem as a whole, highlights Srur.
Recognized as the largest reference in technology and security in cryptocurrencies worldwide, Coinbase has a business model that connects people and institutions with crypto assets, including negotiation, staking, custody, fast and free global spending and transfers, in addition to providing critical infrastructure for activities on the blockchain.
For Fabio Plein, regional director for the Americas of Coinbase, joining ABcripto represents an important step to broaden access to the Brazilian market and promote the adoption of more responsible rules, allowing the benefits of this technology to be properly utilized. "Joining ABcripto reinforces our commitment to the advancement of the crypto economy in Brazil", one of Coinbase's priority markets in the world, it is the country where we had significant growth in 2024, having been one of the most downloaded cryptocurrency apps by Brazilians in the year.
"Coinbase seeks to collaborate with the development of the sector in all markets in which it operates", prioritizing dialogue with associations and all other involved players, and Brazil is no different. When we are in the ABcripto council, we hope to participate proactively and collaboratively in the main discussions of the sector and in the design of a regulatory framework that prioritizes innovation and investor safety, finalizes Plein
