Current Director of the Central Bank of Brazil: Regulations will be introduced to prohibit anonymous cryptocurrency transactions in Brazil

On September 8, Mauricio Moura, the current director of the Central Bank of Brazil, stated at an event of the Professional Association for the Prevention of Money Laundering and Terrorist Financing that Brazil will introduce relevant regulations to prohibit anonymous cryptocurrency transactions in Brazil.

Mauricio Moura said that sooner or later, all users' transactions will be identified by the government. Currently, the central bank is working with the Brazilian Securities Commission to design a method to achieve this goal.