๐ง๐ท Brazil Tightens Crypto Rules While US Waits ๐บ๐ธ
Brazil is stepping up its game in crypto regulation โ especially on stablecoin transfers. ๐จ
๐ The Central Bank plans to restrict transfers to self-custody wallets in foreign currencies, aiming to boost consumer protection and reduce sector risks.
โ ๏ธ Coinbase has raised concerns, warning these rules may limit market growth and push users toward unregulated platforms.
Meanwhile, across the Atlantic, the US continues to delay the much-anticipated GENIUS Act, leaving the regulatory landscape uncertain.
๐ As Brazil leads with action, will others follow or fall behind?
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