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2 results for “electronic money”

Brazil Crypto Lobby Fights Central Bank Over Stablecoin Rules
Tech• Jun 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
Tech• Jun 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.