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Brazil has banned the use of cryptocurrencies for regulated international payments 💸
The Central Bank of Brazil has decided that transfers must be made through traditional currency channels 💰
This move targets the growing use of stablecoins in the largest crypto market in LATAM 🌎
It's estimated that around 90% of crypto flows in Brazil are tied to #Stablecoins 💵
#LiberteFinanciere

This is a key shift in the regulation of global payments 🔥
What does this mean for the future of crypto in LATAM? Will it extend to other countries in the region? 🤔

💬 What do you think of this measure? Is it more control in LATAM or the beginning of a new era for crypto? Comment below 👇