Key Takeaways

• Brazil has rolled out its most comprehensive crypto regulations, aimed at integrating Web3 firms into traditional finance.

• All crypto service providers must now obtain a central bank license or shut down within nine months.

• New capital requirements set minimum thresholds between $2 million and $7 million, depending on the type of business.

For years, Brazil has been one of Latin America’s most active crypto markets—teeming with exchanges, stablecoin issuers, and payment startups.

Now, the country is putting that energy under tighter supervision.

In a sweeping new framework announced this week, the Central Bank of Brazil (Banco Central do…