Brazil bars crypto settlement in regulated cross-border payment rails

Brazil’s central bank barred virtual assets from settlement inside regulated eFX payment rails as it tightens oversight of crypto-linked flows.
Source: Brazil bars crypto settlement in regulated cross-border payment rails (https://cointelegraph.com/news/brazil-central-bank-bars-virtual-assets-from-cross-border-payment-service-efx?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)