Brazil has approved new prudential rules that will require virtual asset service providers to meet capital, risk management, and disclosure standards from 2027.
Summary
- Brazil has approved new prudential rules requiring crypto service providers to meet capital, risk management, and disclosure standards from 2027.
- Virtual asset firms will move into Brazil’s S4 regulatory segment by mid 2028, while smaller S5 institutions will no longer be allowed to offer crypto services.
- The new requirements extend Brazil’s ongoing crypto regulatory framework, following recent licensing audits and foreign exchange rules.
According to a local media report, Brazil’s Central Bank…
