**Brazil’s Central Bank Defines New 2026 Operational Rules for Virtual Asset Service Providers (VASPs)**
The Central Bank of Brazil (BCB) has solidified its regulatory framework for crypto assets with the publication of three key resolutions. These new rules, effective June 2, 2026, set clear conditions for operating within the sector and introduce a specific classification for stablecoins, integrating their use into the international exchange framework.
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### New Regulatory Foundation for Virtual Asset Service Providers
The cornerstone of this regulatory scheme consists of Resolutions BCB nº 519, 520, and 521.
– **Resolution nº 519** defines the figure of the Virtual Asset Service Provider (VASP) and establishes operational requirements. Whether traditional financial institutions or companies created exclusively for this purpose, VASPs must comply with strict rules on governance, internal control, and procedures to prevent money laundering and terrorist financing. Their roles as intermediaries, custodians, or brokers demand transparency and robust client protection mechanisms.
– **Resolution nº 520** details the authorization process for these providers. It updates the criteria applicable to financial segments and sets clear deadlines for existing companies to adapt to the Central Bank’s new requirements.
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### Significant Impact on Stablecoins and International Transactions
**Resolution nº 521** introduces a substantial change by classifying virtual asset operations as part of foreign exchange and international capital markets. This means activities such as international payments, transfers to self-custodied wallets, and conversions between fiat currencies and crypto assets are now regulated similarly to traditional foreign exchange transactions.
In practice, transactions involving stablecoins like USDT, USDC, BRZ, and BRLV will be treated equivalently to conventional foreign exchange operations.
At a press conference on April 10, BCB executive Gilneu emphasized, “We will not accept virtual assets (stablecoins) whose collateral control is algorithmic. We have had recent cases where stablecoins did not prove to be effectively functional.”
The new rules impose an operational cap of $100,000 per transaction when the counterparty is not a registered financial institution. Furthermore, companies must implement processes to verify the origin and destination of funds, alongside mandatory data reporting to the Central Bank.
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### Consolidation of the Legal Framework and Market Implications
These resolutions mark the concluding phase of a regulatory journey initiated with Law nº 14,478/2022 and further advanced by Decree nº 11,563/2023, which designated the Central Bank as the sector’s regulatory authority.
Public consultations 97/2023, 109/2024, 110/2024, and 111/2024 have culminated in this comprehensive regulation, establishing concrete deadlines and obligations for all players in the virtual asset ecosystem.
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This regulatory framework is set to enhance transparency, governance, and client protection in Brazil’s growing crypto market, aligning virtual asset operations with traditional financial standards and international compliance requirements.
https://bitcoinethereumnews.com/crypto/brazils-central-bank-greenlights-full-crypto-framework-heres-the-2026-vasp-launch-date/