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Brazil Central Bank Expands Corporate FX Accounts, Closes Stablecoin Payment Loophole

The Banco Central do Brasil is modernizing its foreign exchange rules, easing currency management for exporters while explicitly banning stablecoins for settlement in the popular electronic FX channel starting October 1.

By Sofia Marin

Published
Brazil Central Bank Expands Corporate FX Accounts, Closes Stablecoin Payment Loophole
Illustration — BRZ.news

The Banco Central do Brasil is modernizing its foreign exchange rules, easing currency management for exporters while explicitly banning stablecoins for settlement in the popular electronic FX channel starting October 1.

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