Brazil bans large pension funds from investing in cryptocurrencies

avatar
PANews
03-31
This article is machine translated
Show original

PANews reported on March 31 that according to CoinDesk, the National Monetary Committee (CMN) issued Resolution 5.202/2025, prohibiting Closed Pension Funds (EFPCs) from investing their guarantee reserves in Bitcoin (BTC) or other crypto assets, as cryptocurrencies are considered too risky.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo