July 13, 2025

Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody

1 min read

The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light,

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Source: Bitcoin.com

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