Brazil039s

The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. www.coindesk.com

Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, …

The ban applies to fintechs and payment firms, closing the back-end payment rail for cross-border flows, but individual crypto investors can still …