Will Brazil Close the Door on Stablecoins? with Rodrigo Borges
Rodrigo Borges is a partner at Carvalho Borges Araujo Advogados in Sao Paulo. He joins host Aaron Stanley to discuss a newly proposed rule by the Brazilian Central Bank to prohibit crypto exchanges from transferring stablecoins to self-custodied wallets
This is an extremely important development with lots of implications for crypto markets, operators and users in the Brazil market. The comment period on the proposed rule is open until February 28
00:00 - Introduction
03:27 - Central Bank's Public Consultation Context
07:05 - Self-Custody Stablecoin Rule Details
12:11 - Economic Context and Motivations
20:43 - Industry Reaction
25:06 - Potential Challenges and Enforcement
30:50 - Consultation Process and Potential Changes
You can connect with Rodrigo on Linkedin / rodrigocarvalhoborges
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