Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft

Bitcoin com 10 months ago 125

Brazil Groups Stablecoins With Foreign Currency in Regulatory Draft

The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […]

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