PANews reported on January 25th that, according to Valor, the Central Bank of Brazil (BC) has issued rules for banks and brokerage firms wishing to conduct cryptocurrencyPANews reported on January 25th that, according to Valor, the Central Bank of Brazil (BC) has issued rules for banks and brokerage firms wishing to conduct cryptocurrency
Brazil's central bank: Banks and securities firms must hire independent third-party compliance certifiers to conduct crypto business.
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PANews reported on January 25th that, according to Valor, the Central Bank of Brazil (BC) has issued rules for banks and brokerage firms wishing to conduct cryptocurrency business. The directive requires such institutions to hire a qualified independent company to demonstrate their compliance with the monetary authorities' regulations for Virtual Asset Service Providers (PSAVs). The certifying body must clearly state that it has no conflict of interest with the auditee.
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