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Brazil Central Bank Eyes Crypto Rules as Investor Interest Grows

  • Wants cryptocurrencies alongside payment platforms like Pix
  • Central bank head Campos Neto has pushed for new technologies
Roberto Campos Neto, president of the Central Bank of Brazil
Roberto Campos Neto, president of the Central Bank of Brazil
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Brazil’s central bank president said local regulations need to better heed investors’ need for cryptocurrencies, which are here to stay alongside instant payment platforms. 

“This comes out of a need that people have for payments to be very fast, open, secure, and have transparency in every sense” Roberto Campos Neto said on Thursday at an event organized by Council of the Americas.