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Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets

The Central Bank of Brazil (BCB) has unveiled a regulatory proposal prohibiting centralized exchanges from allowing users to withdraw stablecoins to self-custodial wallets. According to the public consultation notice, the transfer of stablecoins — called “tokens denominated in foreign currencies” — between residents would be restricted in cases where Brazilian law already allows payments in […] The post Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets appeared first on CryptoSlate. дальше »

2024-12-1 20:35


UAE Central Bank introduces new Stablecoin regulations

The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes while foreign stablecoins will only be permitted for purchasing specific virtual assets like NFTs. дальше »

2024-7-23 20:41