The Brazilian central bank has proposed a ban on stablecoin transactions, which has attracted market attention. According to Cointelegraph, the Brazilian central bank plans to complete public consultations on the ban in February next year, a move that could have a far-reaching impact on the local market. 😮

Carol Souza, co-founder of Area Bitcoin school, said that the Brazilian central bank appears to be preparing for the implementation of relevant regulations in 2025, aimed at restricting P2P stablecoin transactions between individuals. 📅

However, Lucien Bourdon, Bitcoin analyst at Trezor, believes that even if the ban takes effect, existing users will continue to trade through decentralized platforms or P2P solutions. 🔄

The market will closely monitor this development to see how it develops in the future. 📈