Brazil’s Central Bank Tightens Crypto Rules: $100K Transaction Cap Sparks Debate
Brazil's financial watchdog just dropped a regulatory hammer—and crypto firms are feeling the squeeze.
New rules impose a hard $100,000 ceiling on certain transactions, forcing exchanges and wallets to rethink operations overnight. No grace period, no loopholes—just abrupt compliance.
The move exposes a global tension: regulators want control, while crypto rails keep bypassing traditional gatekeepers. One banking insider quipped, 'They’ll just offshore it—like always.'
For now, the message is clear: play by their rules, or get locked out. Whether this kills innovation or saves fools from themselves? Place your bets.
Brazil’s central bank has unveiled a sweeping regulatory framework for domestic digital asset companies. The new rules, announced Monday, introduce authorization requirements and compliance standards similar to those applied to traditional financial institutions.
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