Brazil is shaken since the USA takedown of the Venezuela. And they decided not to play the socialism game anymore. And they want to move away from the USD as much as possible. And so they are now attempting to change the rules and the structure that is happening around the providers of the exchanges and the services around crypto. Aka VASPS. 

Now they want to add some rules in order to maintain the govt hold and also let the users have more transparency for the crypto exchanges and the marketplace plus assets. Each exchange goes through the audit. So opening up the bribe chances higher. KYC and the fraud monitoring and tracing of the funds. 

This would also be making the new rule on how the funds move to the middle east, like helping iran and other nations which are loaded with the terrorism funded. So brazil don't want their nation to have the exchange hub. 

A lot of new changes on the mafia and the cartels making use of the exchanges for the fund transfer across north America and also the Africa. So there would be chance that there would be going for some laundering rules too. So that would add up more on the rules and the regulations. Making it harder for money to pass as well. 

Let's see where the Brazil takes things and how it survives the pressure of the USD and the dollarization or the losing the land type of the deal that is hurting the BRICS nations. 

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