#crypto-ban

[rwatimes]

India’s RBI Urges Crypto Ban as Global Regulatory Divide Widens - TokenPost

India’s central bank has urged lawmakers to take a near-prohibitive stance on crypto assets and privately issued stablecoins, underscoring a widening policy divide as the U.S. and Europe move toward clearer rulebooks and...

➤ India's central bank (RBI) is advocating for a near-prohibitive stance on crypto assets and privately issued stablecoins, citing financial stability and monetary sovereignty concerns, while contrasting with the US and EU's move towards clearer regulatory frameworks. ➤ Despite India's restrictive approach, global markets show signs of stabilization with positive ETF inflows for Bitcoin and Ethereum, and advancements in regulatory clarity such as the potential 'Bitcoin Clarity' bill in the US and MiCA-aligned licensing in Europe. ➤ The article highlights the growing trend of tokenizing real-world assets (RWAs) and securities, exemplified by Securitize's launch of tokenized stock on Solana and Avalanche, alongside continued investor interest in crypto payment infrastructure and ongoing security challenges in DeFi.

[rwatimes]

Brazil Blocks Crypto in Cross-Border Payments, Tightens Rules on Digital Remittances

Brazil barred crypto settlement inside regulated eFX cross-border payment rails, forcing remittance providers back to fiat channels while ordinary crypto trading and custody remain legal.

➤ Brazil's central bank has prohibited the use of cryptocurrencies, particularly stablecoins like USDT, for settling cross-border payments within its regulated eFX framework. ➤ Remittance providers utilizing crypto for faster and cheaper transactions must now revert to traditional fiat channels, potentially increasing costs and processing times. ➤ While crypto trading and custody remain legal, this regulatory move tightens rules on digital remittances and highlights concerns about stablecoins moving value outside traditional financial networks.

[rwatimes]

Brazil Just Banned Crypto From Cross-Border Payments and What That Means for Latin America's Biggest Economy

Brazil's central bank just banned stablecoins and crypto from regulated cross-border payments under new eFX rules taking effect October 1, and here's what changes for the $6.9B quarterly market.

➤ Brazil's central bank has banned stablecoins and cryptocurrencies from its regulated cross-border payment system, effective October 1, 2026. ➤ The move aims to enhance monetary sovereignty and improve tax/AML oversight, impacting fintechs and remittance firms that relied on crypto for faster, cheaper settlements. ➤ This decision contrasts with the broader regional trend towards crypto adoption and creates a divergence between individual crypto use and institutional payment rails in Latin America.

[rwatimes]

Brazil central bank bans crypto in cross-border eFX rails, tightening oversight

Brazil's central bank banned crypto in cross-border eFX rails, signaling a Selic rate hike after April 2026 at 100% YES, while Bitcoin's rise to $80K is only at

➤ Brazil's central bank has banned cryptocurrencies, including stablecoins, from cross-border electronic FX payment systems, increasing regulatory oversight. ➤ This move is seen as a measure to control capital flows and combat illicit finance, potentially contributing to inflationary pressures and a Selic rate hike. ➤ The ban has negatively impacted Bitcoin market sentiment, reducing confidence in high price targets.