巴西提議禁止將穩定劑提取到自託管錢包

新法規的一個主要特徵是禁止將穩定的穩定劑撤向自託管錢包。該禁令是由於擔心濫用穩定的逃稅和洗錢的擔憂。

Brazilian regulators are considering a ban on withdrawing stablecoins to self-hosted wallets, aiming to mitigate tax evasion and money laundering concerns. The move has sparked a response from Coinbase, which warns of the potential to hamper financial innovation and decrease access to digital assets.

巴西監管機構正在考慮禁止將穩定的錢包撤回自主錢包，以減輕逃稅和洗錢問題。此舉引發了Coinbase的回應，該回應警告說，可能會妨礙金融創新並減少獲得數字資產的訪問。

The central feature of the new regulation is the prohibition on withdrawing stablecoins to self-hosted wallets. The ban is driven by worries about the misuse of stablecoins for tax evasion and money laundering. Brazilian regulators think that tracking self-hosted wallet transactions is challenging, thus making it more difficult to track financial outflows and impose tax laws.

新法規的中心特徵是禁止將穩定的穩定劑撤回自托托式錢包。該禁令是由於擔心濫用穩定的逃稅和洗錢的擔憂。巴西監管機構認為，跟踪自託管的錢包交易是具有挑戰性的，因此追踪財務流出和施加稅法變得更加困難。

Proposed Ban on Stablecoin Withdrawals to Self-Hosted Wallets

擬議的禁止穩定幣提取到自主錢包的禁令

Coinbase contends that such restrictions could adversely affect companies and individuals who wish to engage in lawful financial activities that include stablecoins.

Coinbase認為，這種限制可能會對希望從事包括穩定的合法財務活動的公司和個人產生不利影響。

“This measure would have a significant impact on companies and individuals who want to use stablecoins for legal financial activities, such as cross-border transactions, payroll, and efficient financial settlements for businesses, as well as remittance and daily spending for individuals,” Coinbase stated in its submission to the Brazilian Central Bank.

“這項措施將對想要使用Stablecoins進行法律財務活動的公司和個人產生重大影響，例如跨境交易，工資和有效的企業財務和解，以及個人的匯款和日常支出，” Coinbase在向巴西中央銀行提交的情況下指出。

Coinbase highlighted the role of stablecoins in decentralized finance (DeFi) and the broader digital economy. According to the exchange, overly strict limits could hamper financial innovation, reduce access to digital assets, and diminish the chance to realize a more open and inclusive financial system.

Coinbase強調了Stablecoins在分散的金融（DEFI）和更廣泛的數字經濟中的作用。根據交易所的說法，過度嚴格的限制可能會妨礙財務創新，減少獲得數字資產的訪問，並減少實現更開放和包容的金融體系的機會。

Coin base’s Argument for Self-Custodial Wallets

硬幣基地的自我監測錢包的論點

Tom Duff Gordon, the head of Coinbase in Brazil, emphasized the importance of self-custodial wallets for the future of digital finance.

巴西Coinbase的負責人湯姆·達夫·戈登（Tom Duff Gordon）強調了自我監護錢包對數字融資的未來的重要性。

“We believe that stablecoins are a key part of the new Internet and DeFi paradigm, and self-hosted wallets are crucial to empower users to remain in control of their assets,” Gordon added.

戈登補充說：“我們認為，穩定幣是新的互聯網和Defi範式的關鍵部分，而自託管的錢包對於使用戶能夠控制其資產至關重要。”

He urged the central bank to reconsider the planned steps, suggesting that other measures could be used to solve the issues of regulatory requirements without stifling innovation and adoption.

他敦促中央銀行重新考慮計劃的步驟，這表明可以使用其他措施來解決監管要求的問題，而無需扼殺創新和採用。

“In our submission to the BC’s consultation, we made a case on how this model can be delivered safely, and respond to valid concerns regarding AML and KYC practices,” Gordon said.

戈登說：“在對卑詩省諮詢的提交中，我們就如何安全地交付了該模型，並應對有關AML和KYC實踐的有效擔憂。”

Stablecoins and the Rise of Crypto Remittances

Stablecoins和加密匯款的興起

The suggested prohibition of self-custody withdrawals is meant to enhance control and make these financial operations subject to regulatory controls. But Coinbase cautions that these steps can upset the overall crypto ecosystem and curtail financial access for people who rely on digital assets for routine transactions.

建議的禁止自我抑制戒斷旨在增強控制權並使這些財務運營受監管控制。但是Coinbase警告說，這些步驟可能會使依靠數字資產進行常規交易的人們破壞整體加密生態系統，並減少財務通行。

“This measure would disproportionately affect low-income earners and immigrants who often rely on crypto to send and receive money to their families and friends abroad, and who would be cut off from efficient and low-cost remittance services offered by Coinbase and other crypto companies,” the exchange stated.

交易所表示：“這項措施將不成比例地影響低收入者和移民，他們經常依靠加密貨幣向國外的家人和朋友匯款，並將與Coinbase和其他加密公司提供的高效和低成本匯款服務隔絕。”

Alternative Solutions to Enhance Compliance

提高合規性的替代解決方案

Rather than direct bans, Coinbase proposes a regulatory strategy that balances efficiency with innovation. The exchange has suggested other measures to enhance compliance with anti-money laundering and KYC standards without banning self-hosted wallets outright.

Coinbase不是直接禁令，而是提出了一種調節策略，以平衡效率與創新。該交流提出了其他措施，以增強對反洗錢和KYC標準的遵守，而無需完全禁止自託的錢包。

With the help of blockchain analytics, better reporting mechanisms, and enhanced monitoring tools, regulators would be able to target illicit conduct while maintaining the advantages of stablecoin adoption. Coinbase believes that a collaborative effort between the government and industry players is essential to creating successful regulations that do not stifle financial innovation.

借助區塊鏈分析，更好的報告機制和增強的監視工具，監管機構將能夠針對非法行為，同時維持採用穩定的好處。 Coinbase認為，政府與行業參與者之間的合作努力對於製定不扼殺金融創新的成功法規至關重要。