Brazil bans pension funds from crypto investments in sweeping new ruling

1-4-2025 – Brazil’s National Monetary Council (CMN) has slammed the door shut on private pension funds dabbling in the wild world of cryptocurrencies like Bitcoin. The sweeping prohibition, cemented into law last Thursday via Resolution No. 5,202, casts a wide net—banning not just direct purchases of digital currencies but also any indirect flirtations, such as [. source: https://www.cointrackdaily.com/brazil-bans-pension-funds-from-crypto-investments-in-sweeping-new-ruling/