Brazil Expands Crypto Regulation, Restricts Use in Cross-Border Transfers
2026-05-02
Brazil’s central bank has tightened crypto regulation by blocking virtual assets in certain cross-border payment services. The decision targets firms under the eFX framework and aims to keep international transfers within monitored foreign exchange systems under official oversight. Banco Central do Brasil issued Resolution No. 561 on Thursday. The rule updates existing eFX regulations. It […]
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