Brazil: Central Bank of Brazil Resolution No. 520 regulating the formation and operation of companies providing virtual asset services

Progress

Current status
adopted
02 Feb 2028 in force
02 Feb 2027 in force
30 Oct 2026 in force
02 Feb 2026 in force
10 Nov 2025 adopted

Scope

Implementers
Brazil
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

02 Feb 2028
in force

Stage II of user identification requirements in Central Bank of Brazil Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into force

On 2 February 2028, Stage II of the implementation period for anti-money laundering requirements in the Central Bank of Brazil (BCB) Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into …

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
02 Feb 2027
in force

Stage I of user identification requirements in Central Bank of Brazil Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into force

On 2 February 2027, Stage I of the implementation period for anti-money laundering requirements in the Central Bank of Brazil (BCB) Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into f…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
30 Oct 2026
in force

Prohibition on dealing with unauthorised entities and end of transition period in Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into force

On 30 October 2026, the prohibition on dealing with unauthorised entities and the end of the transition period for active service providers in Central Bank of Brazil (BCB) Resolution No. 520 regulating the formation and operation of companies provid…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
02 Feb 2026
in force

Central Bank of Brazil Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into force with grace period

On 2 February 2026, Central Bank of Brazil (BCB) Resolution No. 520 regulating the formation and operation of companies providing virtual asset services enters into force. The Resolution sets out the obligations of authorised virtual-asset service p…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
10 Nov 2025
adopted

Central Bank of Brazil adopted Resolution No. 520 regulating the formation and operation of companies providing virtual asset services

On 10 November 2025, the Central Bank of Brazil (BCB) adopted Resolution No. 520 regulating the formation and operation of companies providing virtual asset services. The Resolution sets out the obligations of authorised virtual-asset service provid…

Source
Event type order
Action type adoption
Government branch executive
Government body central bank