Brazil Central Bank Places Crypto VASPs Under Same Regulatory Requirements as Securities Brokerages
2026-07-03 07:35
Odaily reports that the Central Bank of Brazil has issued Resolution No. 580/2026, classifying companies providing virtual asset services and their controlling groups as Type 3 institutions, subjecting them to the same requirements as securities brokers, securities distributors, and foreign exchange brokers. Starting January 1, 2027, relevant institutions must comply with prudential requirements such as risk management rules, capital requirements, and information disclosure policies. By June 30, 2028, VASPs will be placed under Segment 4 regardless of their size and will not be eligible for the simplified compliance regime of Segment 5 for low-risk institutions. (Bitcoin.com News).
