2 hours ago
RegulationPublished:Jun 12, 2026, 12:30 AM
Bill 2,946/2026, introduced by Federal Deputy Jonas Donizette, enshrines the VASP rules adopted by the Central Bank of Brazil successful Resolution 519 and different resolutions arsenic law, bringing stableness and certainty to the Brazilian cryptocurrency marketplace and its users.
Published: Jun 12, 2026, 12:30 AM
Key Takeaways
- Donizette filed Bill 2946/2026 to adjacent enforce mandatory registration crossed Brazil’s crypto market.
- The measure codifies Resolution 519 of 2025, thereby bringing statutory stableness to VASP regulatory standards.
- After Tuesday’s debut, the Chamber of Deputies volition adjacent statement Bill 2946 to change crypto compliance rules.
Bill Aims To Set Central Bank VASP Resolutions As Law
Brazil is presently evolving its cryptocurrency regularisation to execute a much unchangeable and safer situation for some virtual plus work providers (VASPs) and retail users.
Federal Deputy Jonas Donizette introduced Bill No. 2946/2026 connected Tuesday to modulate the processes related to the cognition of companies providing virtual plus services, a task that seeks to found a unchangeable regulatory model for some virtual plus work providers (VASPs) and their customers.
Donizette claims that the nonsubjective of this instrumentality is to springiness ineligible scope to respective resolutions published by the cardinal bank, including Resolution No. 519 of 2025, which establishes the requisites that VASP indispensable comply with to beryllium authorized for operations; Resolution No. 520. which explains the rules regarding the proviso of virtual plus service, and Resolution No. 521, which rules connected which benignant of transactions are classified arsenic overseas speech operations.
The task establishes the work to registry with the applicable regulator to connection crypto services successful the country, without mentioning the Central Bank of Brazil, which presently is the instauration overseeing these processes.
The instauration of the task has had a mixed reception, with section media claiming that it could bring much rigorous vigilance of VASPs and their actions, contributing to the already strict regulatory load implicit these institutions successful Brazil.
Nonetheless, others assertion that this volition payment the crypto marketplace arsenic a whole, fixed that these requirements volition person the unit of law, bringing much stableness to the industry, arsenic these cannot beryllium changed arsenic easy arsenic elemental rules.
The task is inactive successful its archetypal stages and is expected to beryllium enacted connected the time of its publication, but volition archetypal person to beryllium discussed and approved by some the Chamber of Deputies and the Senate.
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