Brazilian Central Bank: Cryptocurrency platforms can still operate without a license for now
The Central Bank of Brazil has issued a statement clarifying the regulatory status of unlicensed cryptocurrency exchanges in the country. The bank has revealed that the conditions and deadlines for virtual asset service providers (VASPs) to comply with Brazilian cryptocurrency laws will be determined in a forthcoming regulatory bill. Additionally, João André Calvino Marques Pereira, head of the bank's financial system supervision department, has stated that cryptocurrency platforms can still operate without a license during this period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 12 hours, the entire network has liquidated 418 million US dollars, mainly long orders
Today's Fear and Greed Index dropped to 79, and the level is still Extreme Greed.
BITB had a net outflow of US$280.7 million yesterday
Trump: 25% tariffs to be imposed on Mexican and Canadian goods
Trending news
MoreCrypto prices
More
