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348 Brazil's central bank bans stablecoin and crypto settlement in cross-border payments

CoinDesk
Francisco Rodrigues @ CoinDesk · 05/02/2026 12:56 EDT

Brazil's central bank bans stablecoin and crypto settlement in cross-border payments

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

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