Crypto • 2026-05-01 06:07

Brazil bars crypto settlement in regulated cross-border payment rails

Fast facts

  • Category: Crypto
  • Language: EN
  • Published: 2026-05-01 06:07 UTC
  • Sources: CoinTelegraph

Brazil has banned the use of cryptocurrencies for cross-border payments, citing regulatory and security concerns. The move aims to protect consumers from potential risks.

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Sources

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