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3 results for “ABcripto

Brazil Stablecoin Rules Spark Congressional Battle Over Oversight
TechJul 06

Brazil Stablecoin Rules Spark Congressional Battle Over Oversight

Brazilian crypto groups fight Central Bank stablecoin proposals as Crown’s BRLV claims a 50% market share amid tightening virtual asset regulations.

Brazil Crypto Lobby Fights Central Bank Over Stablecoin Rules
TechJun 29

Brazil Crypto Lobby Fights Central Bank Over Stablecoin Rules

ABcripto rejects a Central Bank proposal to classify stablecoins as electronic money, warning of high taxes and disruption to Brazil's crypto payment market.

Brazil Crypto Lobby Clashes With Central Bank Over Stablecoin Rules
TechJun 28

Brazil Crypto Lobby Clashes With Central Bank Over Stablecoin Rules

ABcripto opposes classifying stablecoins as electronic money under PL 4.308/2024, warning of market friction and potential exchange delistings.