Brazil To Ban Individual Stablecoin Transactions In A Move To Ramp Up KYC
Brazil To Ban Individual Stablecoin Transactions In A Move To Ramp Up KYC
Brazil’s central bank is growing increasingly concerned about cryptocurrencies drawing people away from the real. The institution plans to ban self-custodial stablecoins in an effort to steer people back toward the national currency.
Brazil’s central bank is growing increasingly concerned about cryptocurrencies drawing people away from the real. The institution plans to ban self-custodial stablecoins in an effort to steer people back toward the national currency.