Brazil Crypto Regulation: 2026 VASP Licensing, AML, FX Rules
Brazil crypto regulation takes effect on February 2, 2026, after the Central Bank approved Resolutions 519, 520 and 521. These rules require all virtual-asset service providers (VASPs) to register under the new Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAV) framework. Licensed VASPs face strict anti-money laundering, counter-terrorism financing and customer-protection standards. Resolution 521 treats stablecoin transfers as foreign-exchange transactions. It caps unauthorized cross-border trades at $100,000 and mandates reporting of all cross-border crypto dealings from May 4, 2026. A parallel bill proposes paying up to 50% of wages in cryptocurrency. The new framework follows a July 2025 cyberattack and aims to boost market transparency and integrity. Brazil crypto regulation offers clear guidance for firms and traders.
Neutral
The new Brazil crypto regulation provides clarity and legal certainty for VASPs by introducing comprehensive licensing, AML and FX rules. In the short term, compliance costs may pressure trading volumes and liquidity as firms adapt. However, the framework reduces legal risks and fraud, which could attract more institutional participation. Over the long term, clearer regulations should strengthen market integrity and support sustainable growth. As a result, the net impact on crypto prices is expected to be neutral.