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Home Market Research Cryptocurrency

Brazil Bans Retirement Funds From Investing in Cryptocurrency

by TheAdviserMagazine
7 months ago
in Cryptocurrency
Reading Time: 1 min read
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Brazil Bans Retirement Funds From Investing in Cryptocurrency
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The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and risk characteristics” in a resolution issued on March 27. Brazil Prohibits Pension Funds’ Investments in Cryptocurrency and Bitcoin Brazil has taken another step backward when […]



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