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

Policy overview

Description

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…

Scope

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

Complete timeline of this policy change

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2025-11-10
adopted

On 10 November 2025, the Central Bank of Brazil (BCB) adopted Resolution No. 520 regulating the for…

2026-02-02
in force

On 2 February 2026, Central Bank of Brazil (BCB) Resolution No. 520 regulating the formation and op…

2026-10-30
in force

On 30 October 2026, the prohibition on dealing with unauthorised entities and the end of the transi…

2027-02-02
in force

On 2 February 2027, Stage I of the implementation period for anti-money laundering requirements in …

2028-02-02
in force

On 2 February 2028, Stage II of the implementation period for anti-money laundering requirements in…