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Valéria Garcia
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🚨 CENTRAL BANK WANTS TO BAN SELF-CUSTODY OF STABLECOINS! 💰❌
That's right! The Central Bank of Brazil has proposed a regulation that could END your freedom to store your stablecoins like USDT and USDC in wallets like Trust Wallet or Ledger. The idea is to FORCE all users to leave their assets under the control of regulated companies (VASPs).
❌ In practice? You won't be able to transfer your stablecoins to a private wallet. It will be the END of the autonomy that cryptos offer!
💬 Stablecoins like USDT are an ESCAPE for many Brazilians who seek to protect their money from inflation and the devalued real. Removing self-custody goes against everything the crypto market represents: FREEDOM and CONTROL over your own money!
📢 This proposal is in public consultation.
That's right! The Central Bank of Brazil has proposed a regulation that could END your freedom to store your stablecoins like USDT and USDC in wallets like Trust Wallet or Ledger. The idea is to FORCE all users to leave their assets under the control of regulated companies (VASPs).
❌ In practice? You won't be able to transfer your stablecoins to a private wallet. It will be the END of the autonomy that cryptos offer!
💬 Stablecoins like USDT are an ESCAPE for many Brazilians who seek to protect their money from inflation and the devalued real. Removing self-custody goes against everything the crypto market represents: FREEDOM and CONTROL over your own money!
📢 This proposal is in public consultation.
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