Brazil classifies stablecoin payments as foreign exchange under new rules

Banco Central do Brasil’s new framework brings crypto companies under banking-style oversight, extending AML and FX rules to stablecoins.
Source: Brazil classifies stablecoin payments as foreign exchange under new rules (https://cointelegraph.com/news/brazil-central-bank-crypto-rules-stablecoins-foreign-exchange?utm_source=rss_feed&utm_medium=rss%3Fttt%3D1762890911122%26nc%3D1762890911122%26_q%3D1762890911122%26timestamp%3D1762890911122&utm_campaign=rss_partner_inbound)