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Brazil Wants Large Stablecoin Transactions to Clear After a Day

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Brazil’s central bank has put forward a proposal that introduces a mandatory review period for certain high-value transactions, giving crypto service providers additional time to perform compliance checks before funds are released.

The proposed regulatory change in Brazil is likely to attract the attention of crypto industry players like MicroStrategy Inc. (NASDAQ: MSTR) since it could provide a model that other jurisdictions adopt in…

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