Brazil’s central bank has issued Resolution BCB No. 561, updating rules for international payment services (eFX) and officially banning crypto assets for cross-border transfers. All international payments must now be processed through foreign exchange operations or regulated accounts. This matters because it increases regulatory control and limits the use of crypto in global transactions, impacting businesses and users relying on digital assets. The new rules, including stricter KYC, reporting, and compliance requirements, will take effect on October 1, 2026.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP is testing a critical support level on Tuesday, with the price attempting to break…
Senator Elizabeth Warren has formally asked the Securities and Exchange Commission to delay the SpaceX…
Bitcoin is trading around $ 63K after a volatile stretch, with sentiment still mixed across…
SpaceX is listing on Nasdaq on June 12, raising $75 billion at a $1.75 trillion…
When Hugo Philion was raising money for Flare, the blockchain network designed to bring smart…
Markets love to celebrate the first sign of stability. The data, however, isn't always as…
