PANews reported on September 24th that according to Cryptonews, Brazil's central bank has proposed new regulations for the foreign exchange (forex) industry, potentially further restricting cryptocurrency exchanges. The proposal, released for public consultation, solicits feedback. While the proposal does not directly address cryptocurrency trading and exchanges, as currently formulated, the rules would affect trading platforms that allow customers to transfer money internationally or sell cryptocurrencies for currencies other than the Brazilian real. The new regulations would bring the largely unregulated forex industry under regulatory oversight, forcing providers to apply for licenses, submit customer transaction data, use designated entry/exit points for deposits and withdrawals, and cap single transactions at $10,000. The central bank aims to increase transparency among forex platforms, and local media warn that cryptocurrency exchanges involved in money transfers could be affected, and exchanges operating overseas could also be subject to restrictions. The consultation period runs until November 2nd.PANews reported on September 24th that according to Cryptonews, Brazil's central bank has proposed new regulations for the foreign exchange (forex) industry, potentially further restricting cryptocurrency exchanges. The proposal, released for public consultation, solicits feedback. While the proposal does not directly address cryptocurrency trading and exchanges, as currently formulated, the rules would affect trading platforms that allow customers to transfer money internationally or sell cryptocurrencies for currencies other than the Brazilian real. The new regulations would bring the largely unregulated forex industry under regulatory oversight, forcing providers to apply for licenses, submit customer transaction data, use designated entry/exit points for deposits and withdrawals, and cap single transactions at $10,000. The central bank aims to increase transparency among forex platforms, and local media warn that cryptocurrency exchanges involved in money transfers could be affected, and exchanges operating overseas could also be subject to restrictions. The consultation period runs until November 2nd.
Brazil's Central Bank's New Foreign Exchange Rules May Affect Crypto Exchanges
PANews reported on September 24th that according to Cryptonews, Brazil's central bank has proposed new regulations for the foreign exchange (forex) industry, potentially further restricting cryptocurrency exchanges. The proposal, released for public consultation, solicits feedback. While the proposal does not directly address cryptocurrency trading and exchanges, as currently formulated, the rules would affect trading platforms that allow customers to transfer money internationally or sell cryptocurrencies for currencies other than the Brazilian real. The new regulations would bring the largely unregulated forex industry under regulatory oversight, forcing providers to apply for licenses, submit customer transaction data, use designated entry/exit points for deposits and withdrawals, and cap single transactions at $10,000. The central bank aims to increase transparency among forex platforms, and local media warn that cryptocurrency exchanges involved in money transfers could be affected, and exchanges operating overseas could also be subject to restrictions. The consultation period runs until November 2nd.
Market Opportunity
RealLink Price(REAL)
$0.0763
$0.0763$0.0763
USD
RealLink (REAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Indonesia approves $70 million-backed ICEx as the country's second official cryptocurrency exchange.
PANews reported on January 12th, citing Techinasia, that Indonesia's financial regulator, the Financial Services Authority (OJK), has granted International Crypto
Share
PANews2026/01/12 09:36
Homeland Security to send hundreds more officers to Minnesota, Noem says
Some 2,000 federal officers have already been dispatched to the Minneapolis-St. Paul area in what DHS has called its largest operation ever
Share
Rappler2026/01/12 09:30
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!
The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32