A circular was issued by the Securities and Exchange Commission of Brazil on Friday which emphasized that direct investment in cryptocurrencies ‘are not allowed’. The circular elaborated, “We consider it appropriate for managers and investment funds to await further and more conclusive manifestation of this oversight subject on the subject to structure indirect investment in cryptocurrencies”.
Brazil: Cryptocurrency Investment ProhibitionIncryptsJan 14, 20180
19 hours ago
Apr 23, 2019