🚨🚨🚨Cryptocurrency regulation won't stop here, says consultant to the Central Bank of Brazil 🇧🇷💩

About to regulate cryptocurrency brokers, the Central Bank of Brazil is already keeping an eye on the ecosystem to remain alert to the risks that it believes require greater oversight.

In a lecture this Wednesday (20), during the panel “Central Bank: Guidelines for Cryptoassets in 2025”, at the Criptorama event, Antonio Marcos Fonte Guimarães (Consultant at the Office of the Department of Regulation of the Financial System of the Central Bank), spoke about some points that the BCB is currently studying.

According to Antonio, the central bank was considering allowing the cryptocurrency market to adopt self-regulation. However, when Facebook decided to launch its own cryptocurrency, Libra, regulators turned on the alert.

Although Facebook's cryptocurrency never reached the market, with the project abandoned years ago, the BCB consultant recalls that another event impacted the market in 2019. This is because GaFi began to recommend the regulation of cryptocurrencies, especially for entities that mediate transactions.

Source: Livecoins