#Brazil Central Bank 🇧🇷 has unveiled a new crypto framework 🔒💰 setting clear rules for all crypto firms

📜 Companies must get licensed follow FX & market laws and hold at least 10.8M reais ($1.9M) in capital 💼

The policy covers stablecoins cross border transfers and self custody wallets 🌐💳 with a $100K cap and monthly reports starting May 2025 📆

Foreign exchanges must open local offices 🏢

Launching Feb 2 2025 the move boosts transparency safety & investor protection in Brazil crypto space 🚀✅