🇧🇷🏦 Brazil’s central bank is advancing a regulatory framework for institutional #virtual asset service providers (VASPs). This framework outlines licensing, compliance, and supervisory standards with phased #implementation through 2027. The #move aims to formalize oversight of #crypto firms and strengthen AML and operational requirements. #regulation
#crypto
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🇧🇷🏦 Brazil’s central bank is advancing a regulatory framework for institutional #virtual asset service providers (VASPs). This framework outlines licensing, compliance, and supervisory standards with phased #implementation through 2027. The #move aims to formalize oversight of #crypto firms and strengthen AML and operational requirements. #regulation
#crypto