🚀Brazil's CVM is prepping for a 2024 regulatory sandbox focused on tokenization! After successfully tokenizing $36M in assets, they're ready to explore more use cases. Agribusiness & ESG are on their radar, but they're open to surprises.🤩

Waiting for Brazil's crypto market & Drex developments, they're keeping an eye on global regulations. CVM sees tokenization as a way to boost transparency, lower costs, & democratize investments.🌍

Meanwhile, Brazil's central bank tightens crypto regulations & plans a blockchain-based ID rollout in November.🔐