disinformation frax is not an algorithm knows nothing
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The Crypto Radio
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Brazil stablecoin rules are tightening. Lawmakers advance a bill to ban algorithmic stablecoins like USDe and Frax, require full reserves for all stablecoins, and impose harsh penalties for unbacked issuance.
Exchanges could be held responsible for foreign stablecoins that don’t comply. The move reflects growing global concern after past collapses — and could reshape how digital dollars are used in one of crypto’s biggest markets.
#Stablecoins #Regulation #Brazil
Exchanges could be held responsible for foreign stablecoins that don’t comply. The move reflects growing global concern after past collapses — and could reshape how digital dollars are used in one of crypto’s biggest markets.
#Stablecoins #Regulation #Brazil
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