Brazil Introduces Sweeping Crypto Rules, Caps Unapproved Transfers at $100K
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- Brazil’s central bank has introduced sweeping new crypto regulations, mandating formal authorization for all VASPs (SPSAVs).
- The new framework places crypto transfers under foreign exchange rules, capping transactions with unapproved counterparties at $100,000.
- The rules take effect in February 2026, with a final compliance deadline of November 2026, as Brazil moves to regulate its $318.8B market.
Brazil’s central bank has rolled out one of Latin America’s most comprehensive crypto regulatory frameworks. This new mandate introduces mandatory authorization requirements for all digital asset service providers (SPSAVs). It also imposes a $100,000 limit on certain transactions involving unapproved counterparties.
The rules are to combat fraud, scams, and money laundering while aligning Brazil with global standards for digital finance oversight.
Mandatory Authori…
Read The Full Article Brazil Introduces Sweeping Crypto Rules, Caps Unapproved Transfers at $100K On Coin Edition.
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Brazil Introduces Sweeping Crypto Rules, Caps Unapproved Transfers at $100K
Share:
- Brazil’s central bank has introduced sweeping new crypto regulations, mandating formal authorization for all VASPs (SPSAVs).
- The new framework places crypto transfers under foreign exchange rules, capping transactions with unapproved counterparties at $100,000.
- The rules take effect in February 2026, with a final compliance deadline of November 2026, as Brazil moves to regulate its $318.8B market.
Brazil’s central bank has rolled out one of Latin America’s most comprehensive crypto regulatory frameworks. This new mandate introduces mandatory authorization requirements for all digital asset service providers (SPSAVs). It also imposes a $100,000 limit on certain transactions involving unapproved counterparties.
The rules are to combat fraud, scams, and money laundering while aligning Brazil with global standards for digital finance oversight.
Mandatory Authori…
Read The Full Article Brazil Introduces Sweeping Crypto Rules, Caps Unapproved Transfers at $100K On Coin Edition.
In This News
Coins
Share:
In This News
Coins
Share:
Read More
SoftBank Sells Entire Nvidia Stake for $5.8 Billion