The Central Bank of Brazil has announced new regulations for cryptocurrency exchanges, effective January 1, 2027. These rules require exchanges to provide daily reports proving they have adequate funds to manage risks such as hacking. Exchanges must also adhere to data protection standards akin to those in commercial banking. Additionally, the regulations mandate the segregation of customer funds from the exchanges' own fiat and crypto accounts. Exchanges are required to include cryptocurrency assets in their balance sheets following specialized accounting guidelines. The Central Bank will also enforce restrictions and audits on cross-border transfers to enhance the traceability of on-chain fund flows, aiming to combat money laundering, tax evasion, and the financing of criminal activities.