Brazil Central Bank Bars Virtual Assets From eFX Payments
[ad_1] Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments […]
Lawmaker Bars Staff From Prediction Markets as New Bills Target Insider Trading
[ad_1] Rep. Moulton is first member of Congress to impose office-level prediction market restrictions, while the PREDICT Act becomes the latest bill targeting insider trading by government officials and their families. A member of Congress has moved to restrict prediction market activity within his own office, marking a first-of-its-kind step as lawmakers increasingly scrutinize the […]