The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, […]

Source: https://news.bitcoin.com/brazilian-central-bank-may-withdraw-provisions-banning-stablecoin-self-custody/