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Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban

Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push companies to operate offshore. An alternative proposal that substitutes the proposed ban w...

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

Crypto Exchanges Oppose Brazil’s Stablecoin Self-Custody Ban
Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push companies to operate offshore. An alternative proposal that substitutes the proposed ban with a reporting system was also recently floated. Exchanges Say Stablecoin Self-Custody Ban Proposal Could Push Crypto Offshore in Brazil The […]

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

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