Why Brazil’s Central Bank Wants to Classify Stablecoins as Electronic Monetary Instruments
Covered by 2 sources · 2 articles
2 outlets - including Bitcoinworld and Bitcoin - are covering this story. BitcoinWorld Brazil’s Central Bank Argues Stablecoins Should Be Regulated as Electronic Money Brazil’s central bank has taken a firm stance in the ongoing debate over how to classify digital assets, stating that stablecoins should be regula…
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Brazil’s Central Bank Argues Stablecoins Should Be Regulated as Electronic Money
BitcoinWorld Brazil’s Central Bank Argues Stablecoins Should Be Regulated as Electronic Money Brazil’s central bank has taken a firm stance in the ongoing debate over how to classify digital assets, stating that stablecoins should be regula…
Why Brazil’s Central Bank Wants to Classify Stablecoins as Electronic Monetary Instruments
In a Brazilian Congress hearing, Fábio Araújo, consultant for the Financial System Regulation Department (Denor), stressed that, unlike other crypto assets, stablecoins have specific traits that would be better regulated if they were classi…