{"id":74921,"date":"2026-07-04T05:23:36","date_gmt":"2026-07-04T05:23:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/why-brazils-central-bank-wants-to-classify-stablecoins-as-electronic-monetary-instruments\/"},"modified":"2026-07-04T05:23:36","modified_gmt":"2026-07-04T05:23:36","slug":"why-brazils-central-bank-wants-to-classify-stablecoins-as-electronic-monetary-instruments","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/why-brazils-central-bank-wants-to-classify-stablecoins-as-electronic-monetary-instruments\/","title":{"rendered":"Why Brazil&#8217;s Central Bank Wants to Classify Stablecoins as Electronic Monetary Instruments"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Brazil\u2019s central bank argued stablecoins are electronic money, setting the stage for strict new regulations.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Crypto group Abcripto rejected this view, warning the classification will stifle local stablecoin adoption.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The bank also aligned VASP oversight with securities rules, threatening smaller crypto firms with closure.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Central Bank of Brazil pushes for electronic money regulation for stablecoins<\/h2>\n<p>The debate around <span>stablecoins<\/span> is taking shape in Brazil, and the central bank\u2019s opinion offers an insight into what might happen and how these tools might be considered in upcoming regulation.<\/p>\n<p>In a recent hearing on Tuesday within the Congress\u2019 Economic Development Committee, the central bank revealed its position, stressing that <span>stablecoins<\/span> should be considered electronic monetary instruments, a posture rejected by most of the <span>crypto<\/span> industry.<\/p>\n<p><\/p>\n<p>F\u00e1bio Ara\u00fajo, consultant for the Department of Regulation of the Financial System (Denor), which assesses the central bank on regulatory issues, argued that <span>stablecoins<\/span> are different from other assets, such as <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a>, and that their regulation should also differ.<\/p>\n<p>Ara\u00fajo claimed that digital assets, including <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> and ether, constitute unique assets and offer mechanisms that guarantee scarcity, transferability, and verifiability by themselves.<\/p>\n<p><strong>\u201cWith stablecoins, it\u2019s different\u2026 a stablecoin should be considered a real-world asset and, more precisely, when it presents characteristics compatible with means of payment, it should be understood as a form of monetary instrument,\u201d<\/strong> he <a href=\"https:\/\/valor.globo.com\/financas\/criptomoedas\/noticia\/2026\/07\/01\/bc-defende-tratar-stablecoins-como-instrumento-monetrio-quando-usadas-em-pagamentos.ghtml\" target=\"_blank\" rel=\"noopener noreferrer\">stressed<\/a>.<\/p>\n<p>While this opinion is not definitive or conclusive, it defines the central bank\u2019s stance on the subject as Congress prepares to consider Bill 4308\/2024, introduced in 2024 by Deputy Aureo Ribeiro to clarify <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> rules.<\/p>\n<p>Abcripto, the Brazilian Association of Cryptoeconomics, which groups industry heavyweights like Binance, Coinbase, Fireblocks, Visa, Tether, OKX, and Ripio, has rejected this classification.<\/p>\n<p>The association explained that this would introduce regulatory conflicts that would affect the adoption of <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> in Brazil at the institutional and retail levels, and that it would detach Brazil from international regulatory trends, becoming a hindrance to virtual asset service providers (VASPs).<\/p>\n<p>The bank has also recently issued a new resolution that elevates its <a href=\"https:\/\/news.bitcoin.com\/same-risk-same-rules-brazil-to-regulate-crypto-vasps-like-traditional-securities-brokerages\/\">oversight<\/a> over VASPs, whose treatment will now be equalized with that of securities institutions, a move that might lead to consolidation, forcing small institutions to close their doors.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/why-brazils-central-bank-wants-to-classify-stablecoins-as-electronic-monetary-instruments\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Brazil\u2019s central bank argued stablecoins are electronic money, setting the stage for strict new regulations. Crypto group Abcripto rejected this view, warning the classification will stifle local stablecoin adoption. The bank also aligned VASP oversight with securities rules, threatening smaller crypto firms with closure. Central Bank [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":74922,"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\/74921"}],"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=74921"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74922"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}