Brazil simplifies regulations for banks joining crypto
The Central Bank of Brazil (BCB) set new regulations for banks and brokers handling crypto assets in South American country.
The new crypto rulebook specifies what banks and securities firms must submit and what an external certifier must confirm before offering crypto intermediation and custody services in Brazil.
Instrução Normativa (IN) BCB No. 701 was published in Brazil’s official gazette on January 23, 2026, and will become effective on February 2, 2026.
Brazil’s central bank formalizes crypto entry rules
IN 701 does not build Brazil’s crypto framework from the ground up. It applies sections of BCB Resolution No. 520 (Nov. 10, 2025) by defining the communication steps and the essential content needed.
Under IN 701,…
