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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

11 Oct 2022
adopted

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…

Source
Event type outline
Action type adoption
Government branch executive
Government body other regulatory body

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