Brazil Tightens Grip On Crypto As Central Bank Blocks Cross-Border Settlement Use

About 90% of crypto flows in Brazil are tied to stablecoins — and that figure appears to have been the breaking point for regulators. Related Reading: Bitcoin’s Defenders Launch ‘Evidence Base’ In Battle Against FUD A Rule With A Narrow But Significant Reach Banco Central do Brasil (BCB) issued Resolution BCB No. 561 on Thursday, […]