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Brazil is moving forward with a major crypto regulation bill 🇧🇷
The proposal aims to ban algorithmic stablecoins and enforce 100% reserve backing for all approved stablecoins.
This is a big signal for the market: • Regulators are prioritizing stability over experimentation
• Algo-stable models face growing global pressure
• Fully backed stablecoins gain a regulatory advantage
Keep an eye on how this shapes LATAM crypto policy and capital flows.
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