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Brazil imposes 24-hour hold on crypto transfers exceeding $10,000

The Corner In July, the IMF warned that cross-border crypto flows in Brazil are growing faster than traditional capital flows and faster than nominal GDP. It also noted that 71.7 per cent of all reported crypto activity in Brazil over the last six years relates to stablecoins. Reported by Consejeros Editorial Team On 28 July, the International Monetary Fund (IMF) warned that Brazil’s crypto-asset…

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