Argentina SAB121: Central bank close to lifting ban on TradFi cryptocurrencies

Argentina SAB121: Central bank close to lifting ban on TradFi cryptocurrencies

The central bank building in Buenos Aires, Argentina. Credit: Martin.que via Pexels. Key takeaways Argentina’s central bank is reportedly drafting regulations that would allow banks to offer crypto services. The planned change follows the decision to repeal SAB121 in the US. Banks are becoming more involved in cryptocurrencies as restrictions on their participation are lifted….

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Brazil’s central bank promises stricter rules after rise in cyberattacks on financial system

Brazil’s central bank promises stricter rules after rise in cyberattacks on financial system

By Marcela Ayres (Reuters) -Brazil’s central bank is preparing to move forward with stricter regulation of the financial system to curb an “increase in cyberattacks,” the bank’s supervisory director, Ailton Aquino, said on Wednesday. This year, as of October, 68 incidents have been reported, including 37 cases of fraud, he said at a news conference…

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