{"id":4814,"date":"2024-12-26T21:48:00","date_gmt":"2024-12-26T13:48:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=4814"},"modified":"2024-12-27T16:18:32","modified_gmt":"2024-12-27T08:18:32","slug":"brazil-bans-self-custodial-stablecoins-to-promote-decentralization","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2024\/12\/26\/21\/48\/00\/4814\/","title":{"rendered":"Brazil bans self-custodial stablecoins to promote decentralization"},"content":{"rendered":"\n<p>as more Brazilian citizens hedge against the risk of the Brazilian real&#8217;s plunge by buying stablecoins pegged to the US dollar, the use of stablecoins is also increasing. The Brazilian central bank is expected to complete a public consultation on a potential ban in February next year, and several executives have evaluated the potential impact of the ban on the local market.<\/p>\n\n\n\n<p>Carol Soares, co-founder of Regional Bitcoin School, pointed out that Brazilian cryptocurrency trading platforms have been implementing KYC measures since 2019, while P2P transactions are still not subject to such restrictions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>as more Brazilian citizens hedge against the risk of th [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4814"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=4814"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4814\/revisions"}],"predecessor-version":[{"id":4871,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/4814\/revisions\/4871"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=4814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=4814"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=4814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}