Luiz Inácio Lula da Silva wins Brazil’s presidential race — What does this mean for crypto?

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Luiz Inácio Lula da Silva wins Brazil’s presidential race — What does this mean for crypto?
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A new president in Brazil could be a pivotal moment for crypto.

In a close race with outgoing Brazilian President Jair Bolsonaro, Luiz Inácio Lula da Silva, also known simply as “Lula,” won the country’s presidential election following a run-off race.Bolsonaro in an Oct.

30 run-off election with 50.9% of the vote — roughly 60.3 million people to the soon-to-be former president’s 58.2 million. Though the election outcome showed Lula has the right to take office starting in January 2023, reports have

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