The Central Bank of Brazil has introduced new regulations requiring banks and brokerage firms to meet specific regulatory standards if they wish to engage in cryptocurrency-related activities. A key aspect of these regulations is the requirement for these institutions to hire independent third-party companies to certify their compliance with the established standards.
Brazil Central Bank Mandates Third-Party Certification for Crypto Services
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
