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📰 【Brazil Bans Cryptocurrency for Cross-Border Payments】
The Central Bank of Brazil issued Resolution No. 561, completely banning entities that provide international payment and transfer services from using cryptocurrencies such as Bitcoin and stablecoins, restricting them to traditional...
Fuck me! The Brazil Central Bank is going against the trend! They’re directly cutting off Bitcoin and stablecoins in the cross-border payment field! What the hell is this if not a step backward in history! WDNMD, the crypto market is embracing digital payments worldwide, and Brazil is over here closing the door! Is this a washout at the policy level? Folks, better run now, this negative news drop will probably cause bloodshed again!👇👇👇👇👇