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Luiz Inácio Lula da Silva wins Brazil’s presidential race — what does this mean 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.According to data from Tribunal Superior Eleitoral, Lula defeated Bolsonaro in an Oct. 30 run-off election with 50.9% of the vote —

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