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Brazil central bank tightens rules for virtual assets, cryptocurrency
Brazil's central bank on Monday released long-awaited rules for trading virtual assets, including cryptocurrencies, that will extend existing rules against money laundering and terrorism financing to virtual-asset service providers. Latin America's largest economy approved a legal framework for cryptocurrencies in 2022, but its rollout hinged on complementary regulation from the central bank, which later held four public consultations on the matter. Meanwhile, crypto use has surged, prompting central bank governor Gabriel Galipolo to raise concerns over the growing use of stablecoins, pegged to real-world assets like ... (full story)
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From channelnewsasia.com | Nov 11, 2025
Bank of England Deputy Governor Sarah Breeden on Tuesday warned that further diluting rules for stablecoins risked endangering financial stability and causing a credit crunch, and said that the UK needed a different approach to the United States. The Bank of England on Monday set out a raft of new rules for systemic stablecoins - digital tokens designed to ...
From bnnbloomberg.ca | Nov 10, 2025
The Bank of England said Monday it aims to “build trust” in stablecoins in the U.K., which would be pegged to the pound under proposed national rules for the cryptocurrency. The value of most stablecoins -- a form of digital currency linked to real-world money -- is kept steady by being linked overwhelmingly to the dollar. Britain wants to introduce rules ...
The weekly data from ADP is turning into a market mover. The initial report showed a healthy +14,250 jobs but skip ahead two weeks and it's now showing a drop of 11,250K per week on average for the past four weeks. That should translate into a poor reading, though ADP itself reported +42K jobs in October. I'm not sure how to square that but today's ADP ...
