The Central Bank of Brazil has proposed regulations prohibiting privacy-centric cryptocurrencies like Monero; The regulations categorize exchanges into intermediaries, custodians, and brokers, each with specific capital requirements and compliance standards; While the proposed rules apply to cryptocurrencies, certain digital assets like non-fungible tokens (NFTs) are still deregulated' in Brazil.The post Brazilian's Central Bank Will Ban Monero and Algorithmic Stablecoins in the Country appeared first on Techreport.