Brazil central bank tightens rules for virtual assets, cryptocurrency

BRASILIA (Reuters) -Brazil's central bank on Monday released long-awaited rules for trading virtual assets, including cryptocurrencies, that ​will extend existing rules against money laundering and terrorism financing to virtual-‌asset service providers. Latin America's largest economy approved a legal framework for cryptocurrencies in 2022, but ‌its rollout hinged on complementary regulation from the central bank, which later held four public consultations on the matter. Meanwhile, crypto use has surged ...