Brazil Imposes $100K Limit on Crypto Transactions and Tightens Oversight
Brazil's Central Bank has unveiled sweeping new regulations for the cryptocurrency sector, set to take effect in February 2026. The measures impose a $100,000 cap on certain cross-border crypto transactions and mandate rigorous compliance standards for virtual asset service providers.
The framework requires VASPs to obtain formal authorization and adhere to governance, cybersecurity, and operational protocols mirroring traditional finance institutions. Three distinct classifications—intermediaries, custodians, and brokers—will each face tailored regulatory requirements.
Enhanced transparency measures compel firms to track asset provenance and destinations, targeting money laundering and illicit flows. The move signals Brazil's push to align its crypto ecosystem with global financial oversight trends while maintaining market access.
