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Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises

The central bank of Brazil has vowed to tighten rules and strengthen its oversight of crypto platforms, as crypto adoption in the country surges higher. Speaking in front of a parliamentary commission on finance and taxa...

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Brazil’s Central Bank Tightens Rules as Crypto Adoption Rises
The central bank of Brazil has vowed to tighten rules and strengthen its oversight of crypto platforms, as crypto adoption in the country surges higher.
Speaking in front of a parliamentary commission on finance and taxation on Wednesday, Roberto Campos Neto, the governor of Brazil’s central bank, said “cryptocurrency imports” by Brazilian residents have risen 44.2% in the period between January and August 2023 compared to the same period last year....
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