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Brazil's Central Bank Releases Crypto Regulation, Sets Maximum 7 million Dollar Capital Threshold

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2025-11-11 22:12:27
Brazil's central bank has officially unveiled a regulatory framework for the crypto industry, requiring all virtual asset service providers (VASPs) to obtain a central bank license and hold a capital base of at least 10.80 million to 37.20 million reais (about $2 million to $7 million) depending on the type of business. The new regulations bring crypto activities under the scope of foreign exchange and capital markets supervision, require companies to regularly report cross-border transaction data, and set restrictions on transactions involving stablecoins, self-custodial wallets, and crypto-fiat currencies.
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