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Brazil Central Bank Separates Virtual-Asset Applicants From Eligible Firms

One directory covers providers that have applied; the other lists institutions authorized to operate by the BCB and eligible to provide virtual-asset services.

Updated 1 min read
A visitor checks a phone outside Banco Central do Brasil headquarters in Brasília, Brazil. / EconoTimes.ai
A visitor checks a phone outside Banco Central do Brasil headquarters in Brasília, Brazil. / EconoTimes.ai

Banco Central do Brasil (BCB), Brazil’s central bank, has published separate directories for virtual-asset applicants and eligible institutions, helping the public distinguish applications from existing permissions to operate.

The first directory names providers that have applied for authorization to offer virtual-asset services; their inclusion does not confirm approval. The second covers financial and other institutions the BCB has authorized to operate and that are eligible to provide those services.

Resolution BCB 520/2025 governs virtual-asset service providers and the provision of those services by other institutions authorized by the central bank. The bank said the directories give residents and businesses a public way to consult information on the sector.

The BCB said entries will change as authorization cases progress and qualifying institutions contact the regulator. It has not announced a date for the next update.

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