Brazil's Central Bank (BCB) has announced a ban on the use of cryptocurrencies in international payments on its official cross-border payment network, according to an official statement from the central bank. This measure prohibits regulated electronic currency (eFX) providers from using crypto

Brazil's central bank has prohibited the use of cryptocurrencies in regulated cross-border payments as part of a broader effort to bring international transfers within the country's foreign exchange system. The Banco Central do Brasil issued Resolution No. 561 on Thursday, amending the eFX framework