Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.
Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.