Brazil’s Chamber of Deputies, a federal legislative body, has passed a regulatory framework legalising cryptocurrencies as a payment method throughout the country. The law does not make cryptocurrencies legal tender.
Decentralized finance (DeFi) protocols Aave and Compound have implemented new safety features after an attempted short squeeze left the former with a relatively small amount of bad debt.
Coinbase’s non-custodial cryptocurrency wallet application, Coinbase Wallet, is dropping support for four major cryptocurrencies at the beginning of next year: XRP, Ethereum Classic, Stellar, and Bitcoin Cash.
Top stories in the Crypto Roundup today:
- Brazil Legalises Crypto as Payment Method
- DeFi Lending Protocols Cap Loans to Mitigate Risks
- Coinbase’s Non-Custodial Wallet to Drop Support for XRP, XLM, ETC, and BCH