Brazil: Licensing requirement in BCB Resolution
Progress
Current status
adopted
22 Oct 2020 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
central bank
Implementation Level
national
Timeline of events
New regulation for foreign payment providers including licensing requirement
Brasilian Central Bank Resolution 24 introduces licensing requirement for foreign providers of payment services.
Event type
order
Action type
adoption
Government branch
executive
Government body
central bank