Brazil: Brazil's Securities Commission guidance note on the regulation of crypto-assets
Progress
Current status
adopted
11 Oct 2022 adopted
Scope
Implementers
Brazil
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Issued Guidance Opinion on Cryptocurrency Assets and the Securities Market
On 11 October 2022, the Brazilian Securities and Exchange Commission (CVM) published Guidance Opinion No 40 on Cryptocurrency assets and the Securities Market. In the guidelines, the CVM defines cryptocurrencies as digitally represented assets prote…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body