A Brazilian exchange has suddenly risen to handle more than a billion in bitcoin trading volumes amid monetary concerns in Brazil.

Negocie Coins shows close to $1.5 billion in BTC/BRL trading volumes for the past 24 hours with bitcoin there at a circa $150 premium.

How much of this volume is real and how much fake is unclear, but there’s apparently some fiscal turbulences in Brazil.

“Brazil’s real will turn more unstable as it becomes increasingly exposed to a pending discussion of a plan to overhaul the social security system that is proving hard to sell in a divided Congress, a Reuters poll showed.” So says Reuters.

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