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Brazil considers easing stablecoin self-custody regulations

Brazil’s central bank rethinks policy: The Central Bank of Brazil might reverse its restriction on self-custody of stablecoins. Renato Kiyotaka Uema highlighted the bank’s openness to a technical solution that ensures transaction transparency while maintaining market fluidity.

Importance of public input: Public consultation is KEY in shaping these regulations. Renato Kiyotaka Uema emphasized community feedback, indicating that suggestions which effectively address risk without hindering market dynamics could lead to regulatory adjustments.

This is community-generated content, not advice from ONUS.
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