PANews reported on November 10th that Vivan, an official from the Central Bank of Brazil, stated that crypto companies should assess the appropriateness of allowing customers to perform complex cryptocurrency-related operations. "We have already banned algorithm-based stablecoins and are prohibiting the buying and selling of these assets."PANews reported on November 10th that Vivan, an official from the Central Bank of Brazil, stated that crypto companies should assess the appropriateness of allowing customers to perform complex cryptocurrency-related operations. "We have already banned algorithm-based stablecoins and are prohibiting the buying and selling of these assets."
Brazilian central bank official Vivan: Algorithm-based stablecoins have been banned, and the buying and selling of these assets is being prohibited.
PANews reported on November 10th that Vivan, an official from the Central Bank of Brazil, stated that crypto companies should assess the appropriateness of allowing customers to perform complex cryptocurrency-related operations. "We have already banned algorithm-based stablecoins and are prohibiting the buying and selling of these assets."
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