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.
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