Crypto News: Brazil Tightens Oversight with New Crypto Rules
The post Crypto News: Brazil Tightens Oversight with New Crypto Rules appeared on BitcoinEthereumNews.com.
Brazil tightens crypto oversight with new rules requiring authorization, stronger compliance, and enhanced monitoring to curb illicit activity across digital asset firms. Brazil’s central bank took a firm step toward stronger crypto supervision on Monday. The authority released new rules focused on more strict monitoring and inhibiting illegal activities throughout the country’s burgeoning digital assets sector. New Resolutions Redefine the Crypto Rulebook According to the announcement, the rules provide mandatory authorization of all virtual asset service providers. In addition, the framework classifies these providers as intermediaries, custodians or brokers. These classifications make a previously fragmented market a bit more organized. Additionally, the Central Bank laid down very clear conditions for the operation under the new system. Related Reading: Brazil’s Pix Adds a Feature Satoshi Would Oppose | Live Bitcoin News Furthermore, the institution explained the scope of services of virtual assets that fall under foreign exchange regulations. It provided instruction by means of BCB Resolutions 519, 520, and 521. These resolutions were published following long consultation by the regulated sectors, law firms, associations as well as global contributors. The process emphasised the need for transparency and market inclusion. Resolution 519 determines who can carry out virtual asset services and establishes the category of SPSAV. These companies must adhere to strict governance protocols. Customer protection, security controls and anti-money laundering procedures have now become mandatory. As a result, the service providers have increased expectations in terms of regulation. The rule will go into effect on February 2, 2026. Authorization Requirements and Expanded Compliance Obligations Resolution 520 creates new regulations regarding authorizing SPSAV operations. For that reason, institutions need to have new procedures that flow with the new digital landscape. The measure is an update to previous CMN standards and harmonizes them with crypto operations. It also prescribes certain requirements for foreign…
Filed under: News - @ November 11, 2025 11:28 am