Brazil moves to ban algorithmic stablecoins like Ethena’s USDe

Policy, Brazil, Stablecoins, Algorithmic stablecoin, News New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked stablecoins. New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked stablecoins. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

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