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Brazil’s president signs law aimed at having central bank regulate crypto firms

The decree authorizes the central bank to regulate and supervise virtual asset service providers and ensures the country’s securities regulator will continue to handle many tokens.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Brazil’s president signs law aimed at having central bank regulate crypto firms

The decree authorizes the central bank to regulate and supervise virtual asset service providers and ensures the country’s securities regulator will continue to handle many tokens.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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