Brazil Tries To Solidify Crypto Regulations With New Federal Bill

Brazil is taking another step towards regulating its cryptocurrency market. Federal Deputy Jonas Donizette introduced Bill No. 2946/2026 on Tuesday to codify several resolutions related to virtual asset service providers (VASPs) and their operations.

The bill aims to establish a stable regulatory framework for both VASPs and their customers by giving legal range to several resolutions published by the Central Bank of Brazil, including Resolution No. 519 of 2025.

Donizette claims that the objective of this law is to give legal force to these resolutions, which establish the requisites that VASP must comply with to be authorized for operations, and bring more stability to the industry.