Same Risk, Same Rules: Brazil to Regulate Crypto VASPs Like Traditional Securities Brokerages

The Brazilian central bank has now included VASPS underneath Sort three classification, with the same requirements as brokerage and securities distribution companies. Moreover, the principles handed exclude VASPs from receiving Phase 5 classification, a simplified regime for establishments with a low danger profile. Central Bank of Brazil Equalizes Compliance Remedy Between VASPs and Securities Brokerages […]

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