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HomeTagsCentral Bank Brazil stablecoins

Central Bank Brazil stablecoins

Brazil Stablecoin Regulations: New Draft Law Response

Brazil stablecoin regulations are becoming a hot topic as the Brazilian Congress debates a draft law that challenges the authority of the Central Bank in this granular area.Lawmaker Rodrigo Valadares has proposed that the Central Bank's recent classification of stablecoin transactions as foreign currency operations represents not just an overreach, but also a veiled attempt to impose taxes on crypto transactions.

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