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Brazil

BR / BRALegal — Regulated

Virtual Assets Act (2022) established comprehensive regulatory framework. BCB designated as primary regulator for VASPs. CVM oversees crypto assets classified as securities. Growing institutional market.

Key Regulations

Law 14.478/2022 (Virtual Assets Act)BCB Resolution 207/2022

Regulatory Context

Crypto assets are legal in Brazil under applicable regulatory frameworks. Exchanges and service providers typically require registration or licensing with Banco Central do Brasil / CVM. AML/KYC obligations apply to virtual asset service providers (VASPs) under FATF guidance.

Regulatory Profile

Primary Regulator

Banco Central do Brasil / CVM

Official site

Currency

BRL

MiCA Applies

FATF Member

Yes

OFAC Sanctions

None

G20 / OECD

G20

SL-1 API Call

{
  "action": "place_order",
  "actor": {
    "declared_jurisdiction": "BR"
  }
}

Expected verdict

COMPLIANT

Test SL-1 on your protocol →

Other Legal — Regulated Jurisdictions