<ul><li>Binance and other crypto exchanges are urging Brazil's Central Bank to reconsider its proposal to ban self-custody of stablecoins in digital wallets.</li><li>Legal experts suggest that the proposed wallet ban violates Brazilian property rights laws.</li><li>The crypto industry in Brazil is seeking balanced regulations to support growth and safety, recommending a reporting system over a complete ban on self-custody.</li><li>The ban proposal could lead to challenges for the crypto sector, with concerns that stricter regulations might drive businesses to countries with looser controls and negatively impact market liquidity.</li></ul>

Binance, Others Urge Brazil’s Central Bank to Rethink Wallet Ban

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