Brazil Bans Crypto in Cross-Border Payments

Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System Key Takeaways: On April 30, the Central Bank of Brazil issued Resolution 561, banning crypto in cross-border payments. Analyst Victor Alfa notes this 2025-reviewed ban forces firms to abandon on-chain efficiency for fiat. Taking effect on October 1, the…

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Kashkari dissent highlights inflation risks from Iran conflict, complicates Fed policy

## Market Snapshot Fed rate cuts for 2026 are currently unresolved with significant uncertainty. For the June and July meetings, interest rate decrease probabilities are 2.9% and 88.5% YES, respectively. The dissent at the April meeting market remains unresolved. ## Key Takeaways – Kashkari’s dissent appears to suggest heightened inflation concerns due to the Iran…

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