Brazil's Central Bank Unveils Crypto Regulations
Update: 2025-11-10
Description
Brazils central bank unveils new regulations for virtual assets, including cryptocurrencies, to combat money laundering and terrorism financing. These rules, set to take effect in February, will cover authorization processes for foreign exchange and securities brokers, distributors, and virtual asset service providers. The central banks director of regulation, Gilneu Vivan, emphasized that these regulations will help reduce scams, fraud, and the use of virtual asset markets for illegal money movement.
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