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⚠️Hoshi Chain One-Hour Aggregated Quick News:
Reporting Period: 01:00 - 02:00
🔥 Central Bank of Brazil bans stablecoins and cryptocurrencies for cross-border payment settlements
The Central Bank of Brazil announced that fintech companies and payment institutions are prohibited from using stablecoins and cryptocurrencies as backend settlement tools for cross-border payments, but individual investors can still freely buy, sell, and hold cryptocurrencies.