Brazil bars crypto settlement in regulated cross-border payment rails

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CoinDesk - All News 3 hours ago • coindesk.com

Brazil's central bank bans stablecoin and crypto settlement in cross-border payments

The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still buy and hold assets.

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Cointelegraph - News 1 day ago • cointelegraph.com

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.

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