regulasi

Of the 150–200 companies expected to take part, only around 40 registered — Brazil has just cut its crypto industry down to a handful of players.

The facts: The Central Bank of Brazil’s October 30 deadline for virtual asset service providers (VASPs) wishing to continue operating has passed. Around 40 institutions applied for authorization — including Binance, Itaú, and the B3 stock exchange. Those that didn’t apply must orderly exit the Brazilian market within 30 days, and starting November 6, banks and payment institutions will be prohibited from serving unauthorized VASPs. The new rules also require daily custody reports for each client and monthly proof of reserves. (Source: PANews, CryptoNews, TradingView/Bloomingbit — Nov 2, 2026.)

My take: this is regulatory consolidation, not just a crackdown. The pattern is the same as MiCA in Europe: compliance costs become a barrier to entry, and big markets eventually end up in the hands of players able to meet them. The date that really matters is November 6 — when banks cut off fiat access, unauthorized VASPs will effectively no longer be able to serve Brazilian customers.

What I’m watching next: whether enforcement on November 6 goes smoothly or includes a transition period, and whether stablecoins and real-world asset tokenization become the next phase of regulation.

What do you think — does this kind of consolidation make the market safer, or does it just stifle competition?

This is my analysis, not financial advice — always DYOR.

#Regulasi #Brasil #Crypto $BNB

Crypto never sleeps — and US derivatives regulators are now discussing whether futures markets should stay up all night too.

The facts: On Oct. 28, the CFTC announced it will hold an industry roundtable on Dec. 15 at its Washington headquarters (livestreamed) to discuss the feasibility of 24/7 derivatives trading. This follows last summer’s Request for Comment. Topics include overnight trading, tokenization, infrastructure, staffing, and operational readiness. Chair Selig stressed that the approach would not be one-size-fits-all across asset classes. The agenda, speakers, and registration details will be announced later; the public may suggest speakers.

My take: this isn’t just about opening hours, but the machinery behind them — overnight margin, surveillance, and systems that must never go down. Crypto markets have been 24/7 for a long time, while US futures still have trading sessions; if regulators find a workable formula, the line between the two will grow thinner. Important to note: this is only a discussion, not approval to launch.

What I’m watching: the agenda and participant list when they’re released, and whether the discussion touches on the US-regulated crypto perpetuals that launched this week. BTC is around $79,972 this morning — the market itself is testing $80,000 from below.

What do you think: are markets that never close progress, or a new risk we’re not yet ready to manage?

This is my analysis, not financial advice — always DYOR.

#Regulasi #Derivatif $BTC

Will crypto tax in Indonesia drop to 0.1%?

Currently 0.21% (local exchanges) | 1% (foreign platforms) | Proposed: 0.1%

1. Current regulations — Since August 1, 2025, under PMK 50/2025, crypto sales are subject to a final Article 22 income tax of 0.21% of the transaction value when made through a domestic exchange, and 1% when made through a foreign platform. Buying crypto? It is no longer subject to VAT because crypto is treated as a security.

2. OJK proposal — Adi Budiarso of OJK said the industry is pushing for the final income tax rate to be reduced from 0.21% to 0.1%, matching the tax on stock sales on the stock exchange (at a seminar on Oct. 16, 2026, as reported by DDTCNews). It is still a proposal; no new PMK has been issued.

3. What this means for you — Tax is calculated on the sale value, not the profit. For example: sell Rp10 million worth of crypto on a local exchange, and the income tax is Rp21,000; if the proposal is approved, it would be Rp10,000. Keep an eye out for official announcements from the Ministry of Finance/DJP.

#PajakKripto #OJK #KriptoIndonesia #Regulasi #BinanceSquare