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Sports BettingPayment Expert · 1h ago

Brazil’s stablecoin classification challenged by Visa and Coinbase

By Kieran O'ConnorJuly 7, 2026

The brief

Brazil could be the next battleground for a stablecoin debate following recent comments by the country’s central bank Coinbase, Visa, Binance and Tether have opposed Brazil’s proposal to classify stablecoins as electronic money. The companies, all members of the Brazilian Association of Cryptoeconomics (Abcripto), wer…

Original report

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