Brazil’s Bold Move: Cryptocurrency in Crosshairs
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The Central Bank of Brazil has enacted a landmark regulation, restricting electronic foreign exchange providers from employing stablecoins and cryptocurrencies like Bitcoin for international money transfers. Published as Decision No. 561, the update to digital payment protocols will be enforced starting October 1, with a full compliance deadline set for 2027.
Continue Reading:Brazil’s Bold Move: Cryptocurrency in Crosshairs
2h ago•
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