Brazil, Thailand, India clarify crypto’s place in law, finance
Photo: CoinGeek
By James Field , Author. Senior writer and researcher focusing on legal and regulatory developments in the fintech space. TL;DR: From Brasília to Bangkok to Mumbai, the institutions behind traditional finance (TradFi) spent the past week drawing digital assets further into rules and remit. Itaú Unibanco became the first Brazilian bank reported to have formally notified the central bank of its crypto trading and custody business under the country’s new framework, while Thailand’s Supreme Court upheld a robbery conviction on the basis that BTC counts as property under criminal law, and the Reserve Bank of India pressed state governments to…
Source: CoinGeek
