Brazil stablecoins face IMF scrutiny as crypto flows outpace capital

IMF has called for closer oversight of Brazil’s stablecoin market as cross-border crypto flows outpace traditional capital movements. According to the International Monetary Fund’s (IMF) latest Financial System Stability Assessment, Brazil’s crypto asset market has expanded rapidly since 2017, with…

Source: https://crypto.news/brazil-stablecoins-face-imf-scrutiny-as-crypto-flows-outpace-capital/