Will Brazil Close the Door on Stablecoins? with Rodrigo Borges

12/5/24

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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