Brazil Bans Bitcoin and Stablecoins for Cross-Border Remittances Under New eFX Rules
Brazil’s central bank has put a hard stop on using crypto as the settlement layer for cross-border remittances, cutting Bitcoin, stablecoins, and other digital assets out of the country’s regulated eFX system. BCB Resolution No. 561 bans crypto settlement in eFX remittances Bitcoin, USDT, USDC and other crypto assets are affected Trading remains legal through […]
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