Brazil Implements Comprehensive Crypto Rules Targeting Market Frauds
Brazil's Central Bank has unveiled stringent new regulations for cryptocurrency providers, marking the country's most detailed regulatory framework to date. Starting February 2026, firms must register as Virtual Asset Service Providers (VASPs) and meet capital requirements ranging from $2 million to $11 million.
The rules integrate crypto activities into foreign-exchange regulations, with particular focus on fiat-pegged stablecoins and cross-border transactions. Unauthorized transfers will face restrictions as Brazil aligns its crypto market with traditional financial standards.
This MOVE represents a significant step in formalizing Brazil's cryptocurrency landscape, affecting both domestic operators and international firms seeking to operate in Latin America's largest economy. The requirements demonstrate Brazil's rigorous approach to financial oversight in the digital asset space.
