<ul><li>Industry leaders, including Binance, oppose Brazil's proposal to ban stablecoin withdrawals.</li><li>Binance suggests a transparent reporting solution instead of a total ban to track transactions effectively.</li><li>Legal experts raise concerns over the ban's impact on constitutional rights and Brazil's democratic principles.</li><li>Exchanges, like OKEx, warn that the ban could push businesses out of Brazil, damaging the country's reputation in the crypto world.</li></ul>

Exchanges Oppose Brazil’s Stablecoin Withdrawal Ban Proposal

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