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Does Brazil utilize USDT? According to Cassio Gusson of CoinTelegraph Brasil, the Brazilian Federal Police are delving into the escalating usage of this stablecoin within the nation. It seems that the probe is hinting at its potential use for illicit financial activities, particularly money laundering. Could money changers and those engaged in peer-to-peer cryptocurrency reselling be abusing USDT for such purposes? What measures are being taken by the authorities to combat this trend and safeguard the financial integrity of Brazil? How does this situation reflect on the broader landscape of cryptocurrency regulation and adoption in the country?
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