Crypto actors see the ban proposal, spearheaded by the Central Bank of Brazil, as excessive and explain that this move might push companies to operate offshore. An alternative proposal that substitutes the proposed ban with a reporting system was also recently floated. Exchanges Say Stablecoin Self-Custody Ban Proposal Could Push Crypto Offshore in Brazil The […]
China Reduces US Treasury Holdings Amid Trade War Escalation
The U.S. Department of the Treasury revealed that China reduced its exposure to U.S. debt in March, selling close to...