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Brazil central bank bans crypto in cross-border eFX rails, tightening oversight
Crypto Briefing
1 day ago
Bearish
Brazil's crypto ban in eFX rails may heighten inflation risks, prompting potential rate hikes and dampening Bitcoin market sentiment. The post Brazil central bank bans crypto in cross-border eFX rails, tightening oversight appeared first on Crypto Briefing.
Market Snapshot
The market for whether the Bank of Brazil will increase the Selic rate after April 2026 is currently priced at 100% YES. Bitcoin price targets, including a rise to $80,000 in Apri… [+2169 chars]
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