According to Resolution BCB No. 561 announced on May 1, Brazil’s central bank has banned the use of crypto assets, including stablecoins, in cross-border payments. All international transfers must now be conducted through regulated foreign exchange operations or authorized non-resident real-denominated accounts. Service providers not yet formally authorized have until May 31, 2027 to submit applications, and must comply with the same restrictions during the interim period. The regulation does not prohibit domestic cryptocurrency holdings or transfers. Enhanced compliance obligations, including stricter reporting requirements, transaction limits, and ten-year data retention, take effect on October 1, 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A turning point in the Middle East situation: Oil prices fall while Bitcoin rises, and U.S. stocks hit new highs
Iran notifies Gulf countries of its position on ending the war; oil prices plunge sharply, Bitcoin and gold jump in the short term, and U.S. stocks set fresh highs again. This article provides an in-depth breakdown of how geopolitical risk mitigation mechanisms transmit across different asset classes.
GateInstantTrends1h ago
Iran Responds to the US Peace Draft: Oil Prices Drop Nearly 2%, a Turning Point in the War Emerges
Axios: Iran, via Pakistan, mediated and formally responded to the revised U.S.-side draft peace agreement; the oil market quickly weakened, with New York futures crude oil falling nearly 2% to $103.27 and Brent around $110.23. This comes as the War Powers Resolution’s 60-day deadline expires, echoing Trump’s claim that the war is already over. The key focus afterward will be Iran’s response, the threshold for congressional approval, and Trump’s position; if tensions cool, a pullback in oil prices could affect inflation expectations and the U.S. Federal Reserve’s policy.
ChainNewsAbmedia2h ago
Tether loan to Lutnick family trust: Democratic senator probes political and business favoritism
Warren and Wyden wrote to Lutnick and Tether’s Ardoino, requesting related documents regarding a loan from Dynasty Trust A to Lutnick’s children. The loan is secured by trust assets, with consideration consisting of Cantor Fitzgerald convertible bonds and Tether 5% equity call options, to be disclosed the day after Lutnick sells his shares to his children. The core question is the source of funds and whether any involvement with government regulation would affect it, creating a conflict of interest. If there is no response by 5/13, it could impact the outlook for U.S. listing and the GENIUS Act.
ChainNewsAbmedia2h ago
Iran's Rial Hits Record Low of 1,800,000 Per Dollar on April 29 Amid U.S. Sanctions
According to U.S. Treasury Secretary Scott Bessent, Iran's rial hit a record low of 1,800,000 per U.S. dollar on April 29, 2026, reflecting intensified economic pressure from U.S. sanctions. The currency has depreciated significantly since early 2025, when it traded near 800,000 per dollar.
Bessent
GateNews3h ago
Arbitrum DAO Votes to Release 30,766 ETH to DeFi United Following Kelp DAO Attack
According to The Block, the Arbitrum DAO is currently voting to release approximately 30,766 ETH frozen by the Arbitrum Security Council to the DeFi United initiative, which was formed following the Kelp DAO attack earlier this month. In the first hour of voting, 16.9 million ARB tokens were cast in
GateNews3h ago
