Brazil Outlaws Crypto Remittances From FX Companies

Crypto & Finance · 2026-05-03T23:13:26.000Z

Brazil has forbidden electronic foreign exchange (eFX) companies from using cryptocurrencies to settle overseas remittances. That's according to a new

Brazil has forbidden electronic foreign exchange (eFX) companies from using cryptocurrencies to settle overseas remittances. That's according to a new Source: https://www.pymnts.com/cryptocurrency/2026/brazil-outlaws-crypto-remittances-from-fx-companies/