Brazilian federal lawmaker Lincoln Portela has introduced Bill No. 2,901/2026 to establish a national framework for fintech and digital finance platforms, including a permanent regulatory sandbox for testing blockchain technology and asset tokenization under oversight by Brazil’s central bank.
According to Foresight News, the proposal would require regulatory obligations to be proportional to a company’s size, allowing small fintech startups to follow simplified standards, and would bar the government from imposing bureaucracy or duties deemed incompatible with the digital nature of the crypto-asset market.
The sandbox would cover tests involving financial flow tracking, artificial intelligence credit applications, and programmable payment practices.
The bill would also allow companies to share network infrastructure and institution-adaptation databases, provided they comply with data protection rules. It outlines cooperation mechanisms intended to combat financial crime in cryptocurrency trading, support customer identification, and improve cybersecurity.
In addition, the proposal calls for creating a national digital finance integrity system to coordinate cyber-regulatory actions and target criminal structures that use crypto assets to conceal wealth. Penalties for violations could reach up to 20% of a company’s annual profit or revenue.
The bill is set to be discussed in committees of the Chamber of Deputies.
Brazil Lawmaker Proposes Bill to Create Permanent Sandbox for Blockchain and Tokenization Tests
2026-06-16 03:23:50
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