Brazilian Crypto Trading Guidelines are Coming, Regulators Eye Transparency
Join Our Telegram channel to stay up to date on breaking news coverage It seemed like only yesterday when Brazil’s regulator stopped the local investment funds from buying cryptocurrencies. However, as time passed and cryptocurrencies became more “mainstream,” Brazilian authorities have begun to see crypto in a renewed light. And the latest development is that Brazilian Crypto Trading Guidelines are coming; the Brazilian regulations are set on making the entire ecosystem more transparent. The regulator is working alongside Brazilian Economic Ministry, and CVM is under New Management The Brazil regulator is working alongside the nation’s economic ministry after the country’s Securities and Exchange Commission, CVM, took a U-turn about its stance towards crypto and announced it wants to play a key part in the regulation of the crypto economy in Brazil. It came shortly after the CVM was put under new management – leading the former chief to be ...