Brazil's central bank has barred crypto from regulated cross-border payment channels, forcing banks and fintechs to use fiat-only channels. This marks a significant regulatory tightening in the country's stance on crypto. The move comes as part of a broader foreign-exchange rule update, indicating a shift in Brazil's crypto policy landscape.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin