Reports by the Brazilian Central Bank are surprisingly readable: “regulatory power will align market forces with the public interest” “use of payment services will only occur if cost-benefit is favorable relative to cash” https://www.bcb.gov.br/content/financialstability/paymentssystem_docs/Payments-System-Oversight-Report/Brazilian-Payments-System-Oversight-Report-2013.pdf …pic.twitter.com/gyKWZbfmcY
2:40 PM - 18 May 2020
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