Brazil's Central Bank will finalize new regulations for Virtual Asset Service Providers (VASPs), mandating standardized data reporting to enhance Anti-Money Laundering (AML) efforts. These rules, effective from February, give VASPs a nine-month adaptation period to ensure compliance and operational continuity. This regulatory update coincides with legislative debates on the central bank's authority over stablecoins.
Brazil to Implement New VASP Reporting Rules for AML Compliance
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