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The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets. According to the public consultation notice, the transfer of stablecoins — called “tokens denominated in foreign currencies” — between residents would be restricted in cases where Brazilian law already allows payments in […]
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Go here to Read this Fast! Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
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Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
