With its new law, Brazil has appointed the Central Bank of Brazil (BCB) as the authority to regulate crypto money companies.
President of Brazil Lula da SilvaMinister of Economy of the country Fernando Haddad and BCB President Roberto Campos signed by 14 June According to the law published in the official gazette on BCB, crypto money service providers authorization And auditing about official established as an institution. Law 20 June as of date will come into effect.
In law, BCB’s regulation And check point of last year December per month into effect entering cryptocurrency laws specified to implement.
On the other hand, the law securities assets that qualify void in the face stated to remain. security assets that are arrangement and companies operating in this field auditing point of authority At the Brazilian Securities and Exchange Commission (CVM) It was stated that it was hidden.
Brazil last year December It enacted cryptocurrency regulation last month.
