🇧🇷Brazil Approves New Prudential Rules for Crypto Firms
From 2027, virtual asset service providers must meet capital reserves, risk management, and disclosure standards — bringing them closer to traditional brokers.
Key points: •Full transition to S4 segment by mid-2028 •Smaller S5 institutions banned from offering crypto services •Builds on recent licensing audits and AML rules
Brazil tightening oversight while formalizing the sector.