The Central Bank, the Federal Revenue Service and the rules for buying, selling and paying with virtual assets in Brazil: resolutions, deadlines, licensing and taxes.
Application filed on October 29, 2026, within the deadline set by BCB Resolution No. 520. Swapo joins the group of companies seeking authorization to operate virtual assets in Brazil under Central Bank rules, alongside the world's largest exchanges and Brazil's largest banks.
The September 23 rule removed from Article 91 the carve-out for providers "in the authorization process" and moved the ban to November 6. Here is what the official text says and what customers should check.
Three exchanges announced the end of service to individuals in Brazil under the Central Bank's rules. Withdrawal deadlines vary, and any balance left in the account may be converted into reais automatically.
By mid-September 2026, only five companies had filed an authorization application with the Central Bank of Brazil, according to Valor Econômico. Four remain under evaluation and one was denied. What happens to those who do not apply by October 30, and what customers should do.
RFB Normative Instruction 2,291/2025 replaces the crypto-asset declaration created in 2019 with a model aligned to the OECD standard. What changes for providers, companies and individuals starting Wednesday.
Since Monday (Feb. 2), virtual asset service providers must follow the Central Bank of Brazil's rules. Those already operating have 270 days to apply for authorization, and part of the foreign exchange rules only applies from May 4.
The three rules, published on November 10, 2025, take effect on February 2, 2026 and give firms already operating 270 days to apply for authorization. Stablecoins in international payments become foreign exchange operations.
The Chamber of Deputies pulled the provisional measure from the agenda by 251 votes to 193 and the text lapsed. As a result, taxation of crypto-asset gains follows the earlier rules, and the R$35,000 exemption on monthly sales remains.
In force since June 2023, the legal framework defined what a virtual asset is, required prior authorization and created new crimes. The operating rules, however, still depend on Central Bank of Brazil (BCB) regulations.
On November 8, 2024, the Central Bank of Brazil put out for consultation the first draft rules for virtual asset service providers: three categories, minimum capital, segregation of client assets and a two-phase authorization process. Comments are due by February 7, 2025.