Brazil’s Central Bank Tightens Crypto Regulations Amidst Rising Adoption

Cryptocurrency use in Brazil has seen an unprecedented surge, with digital asset products rising by 44.2% since the start of the year. Hence, Banco Central do Brazil, the country’s central bank, has implemented stricter measures to regulate the industry to curtail the use of crypto assets. Rising C…

By Steve Kornacki · Updated Sep 29, 2023