BRAZIL · CRYPTO
Key Facts
—The rule: Brazil’s Central Bank published Normative Instruction 739 on Friday, May 29, requiring an independent audit report for any virtual-asset firm seeking authorization.
—The date: The requirement takes effect on Sunday, June 1, applying to new license applicants and to already-authorized firms, which must adapt.
—The auditor: The audit must be carried out by an external firm registered with Brazil’s securities regulator, examining anti-money-laundering and counter-terrorism-financing controls.
