Brazil eyes prohibition on stablecoin withdrawals to self-custody wallets
A public consultation notice from the Central Bank of Brazil intends to prohibit stablecoin withdrawals to self-custody wallets.

Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
Tether CEO Ardoino cites regulatory hurdles with MiCA as rationale behind EURT's decision.
Howard Lutnick's firm Cantor Fitzgerald, which holds most of Tether's reserves, has also agreed to acquire a 5% stake in Tether.
The USDT liquidity boost coincides with Tether's launch of an open-source wallet development kit.
The deal is Tether Trade Finance's first initiative to reinvest company profits into traditional finance.
Tether favors partnerships and supports integration across multiple networks instead of centralizing with its own blockchain.
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