Brazil's Chamber Passes Bill 4212/25 Limiting CBDC Powers; Latin America Transacted $1.5 Trillion in Stablecoins Since 2022

According to Bitcoin.com News, on June 14, Brazil's Chamber of Deputies passed Bill 4212/25 in revised form, which limits the powers of the Central Bank and restricts future CBDC use. The bill, originally introduced by Deputy Bia Kicis and modified by rapporteur Lafayette de Andrada, establishes that a digital currency cannot substitute for paper money, cannot be forced as legal tender, and cannot be used for surveillance or political control. Governing bodies must ensure digital currency does not exclude unbanked populations.

Meanwhile, Rain reported that Latin America transacted nearly $1.5 trillion in stablecoins between 2022 and 2025, cementing their adoption as dollar proxies in the region. Separately, Bitfinex Securities highlighted tokenization as an opportunity for Venezuelan firms to access international capital markets and sidestep local trading restrictions.