Brazil Wants To Control Crypto?

December 4, 2022

I have already informed you about the US and Japan creating their own cryptocurrencies. The Brazilian government plans to do something more. Besides applying its own digital coin – the Brazilian Real, it wants to connect the new cryptocurrency with the presently existing DeFi (decentralize finance) solutions. Moreover, politicians are going to impose new regulations on the crypto market. The news sounds pretty exciting but don’t be fooled. Probably the real reason behind it is to keep more control over cryptocurrencies. What’s your thought?  

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