{"id":71911,"date":"2026-05-01T14:24:20","date_gmt":"2026-05-01T14:24:20","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/brazil-bans-crypto-in-cross-border-payments\/"},"modified":"2026-05-01T14:24:20","modified_gmt":"2026-05-01T14:24:20","slug":"brazil-bans-crypto-in-cross-border-payments","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/brazil-bans-crypto-in-cross-border-payments\/","title":{"rendered":"Brazil Bans Crypto in Cross-Border Payments"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<h2>Central Bank of Brazil Issues Ban on <span>Crypto<\/span> Utilization As Part of Regulated Cross-Border Settlement System<\/h2>\n<p data-path-to-node=\"0\"><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li data-path-to-node=\"1,0,0\">On April 30, the Central Bank of Brazil issued Resolution 561, banning <span>crypto<\/span> in cross-border payments.<\/li>\n<li data-path-to-node=\"1,1,0\">Analyst Victor Alfa notes this 2025-reviewed ban forces firms to abandon on-chain efficiency for fiat.<\/li>\n<li data-path-to-node=\"1,2,0\">Taking effect on October 1, the Central Bank will exclusively require fiat usage for foreign exchange flows.<\/li>\n<\/ul>\n<p>The Central Bank of Brazil is moving to curb the institutional adoption of <span>cryptocurrency<\/span> assets, including <span>bitcoin<\/span> and <span>stablecoins<\/span>, within its regulated cross-border payment system.<\/p>\n<p>Resolution No. 561, <a href=\"https:\/\/www.bcb.gov.br\/estabilidadefinanceira\/exibenormativo?tipo=Resolu%C3%A7%C3%A3o%20BCB&amp;numero=561\" target=\"_blank\" rel=\"noopener noreferrer\">published<\/a> on April 30, amends earlier resolutions to improve the provisions of international payments of transfer services, banning <span>cryptocurrency<\/span> as an option that institutions providing these cross-border payment and exchange services can tap.<\/p>\n<p><\/p>\n<p>The document stresses that these transactions must be carried out <strong>\u201cexclusively: I \u2013 through a foreign exchange transaction or movement in a non-resident\u2019s Brazilian real account held in Brazil, with the use of virtual assets being prohibited.\u201d<\/strong><\/p>\n<p>Nonetheless, the resolution, which comes into effect on October 1, lists \u201cvirtual assets\u201d as a special category identifying transactions, meaning the bank recognizes their existence but chooses not to allow their implementation in cross-border operations.<\/p>\n<p>The bank <a href=\"https:\/\/www.bcb.gov.br\/detalhenoticia\/21110\/nota\" target=\"_blank\" rel=\"noopener noreferrer\">clarified<\/a> that these regulations had been approved to <strong>\u201cimprove security, transparency, and greater alignment of Brazil with global standards for preventing financial crimes,\u201d<\/strong> and followed a public consultation held in 2025, restricting the provision of these services to organizations authorized by the institution.<\/p>\n<p>Even so, this has been taken as a limitation that could affect the efficiency and cost advantages these providers enjoy when using <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> assets, especially <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a>, to execute these operations.<\/p>\n<p>Victor Alfa, economist and <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> analyst, <a href=\"https:\/\/x.com\/victor__alfa\/status\/2050075648132039045?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">stressed<\/a> that while this measure did not bring the regulated system down, it barricaded <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a> networks from becoming parallel transfer value channels as it seeks to guarantee total traceability and direct supervision over FX flows in Brazil.<\/p>\n<p><strong>\u201cInnovation in the settlement layer suffers a severe blow. Companies in the sector will be forced to abandon on-chain efficiency and return to the conventional\u2014and often more costly\u2014rails of traditional banking infrastructure,\u201d<\/strong> he assessed.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/brazil-bans-crypto-in-cross-border-payments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst Victor Alfa notes this 2025-reviewed ban forces firms to abandon on-chain efficiency for [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":71912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71911"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71911"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71912"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}