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Brazil Central Bank BANS Crypto & Stablecoins in Cross-Border Payments!
🔹 Resolution BCB No. 561 effective October 1st, 2026 — ALL virtual assets blocked from regulated eFX rails
🔹 90% of cross-border remittances used stablecoins — authorities cite tax evasion & money laundering risks
🔹 Banks & fintechs forced to fiat-only settlement — P2P crypto outside regulated systems still allowed
Meanwhile Bitcoin holds strong at USD $78,400 — your bags still safe!
Your Brazilian friends need to know this ASAP!!
#Bitcoin #Crypto #Brazil
@money