Folks, hold onto your wallets! Brazil’s Central Bank just dropped regulations so strict, even your toaster would need a license to mint Bitcoin. 🤯 Yep, they’re trying to stop scams and money laundering, but honestly, who do they think they are-crypto’s first-grade teacher? 😂
This madness follows the 2022 crypto law, which was basically a half-baked idea that needed four public consultations (read: a game show where people voted for their favorite rules). Now, in 2026 (which is basically next Tuesday if time is a flat circle), we’ll get to see these genius regulations in action. 🚨
Gilneu Vivan, the self-proclaimed “Crypto Whisperer,” says the new rules will “minimize opportunities for scammers to cash in on your dreams… or your grandma’s life savings.” 🤑 But let’s be real-scammers will just wear wigs and trade Dogecoin from a submarine. 🐚
Here’s the kicker: Buying/selling stablecoins now counts as a foreign exchange operation. It’s like telling your toaster it’s now a microwave. 🤡 And international crypto payments? They’re now under the microscope too. Good luck explaining that to your cousin who “invested” in a meme coin. 🧨
Brazil’s also making sure crypto services play by the same rules as banks. Because nothing says “trust” like treating digital money like a library book. 📚
Meanwhile, the UK’s Bank of England is flexing its own crypto “wisdom.” They’re letting stablecoin issuers park 60% of their assets in government debt-basically a giant piggy bank with a government sticker. 🐷 But they’re also capping how much you can hoard. “Sorry, crypto Bro, you can’t squirrel away digital dollars like they’re Pokémon cards!” 🎮
Sarah Breeden, the UK’s crypto babysitter, says this is a “significant step.” Translation: We’re still figuring this out but want to look busy. 💼
And guess what? The Bank might lend liquidity to stablecoin issuers during crises. Because nothing says “stability” like bailing out digital money with taxpayer cash. 🤬
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2025-11-12 12:19