Brazil Accelerates Crypto Infrastructure Control: New Deadlines for Institutional Players

B2B Segment Regulation: Central Bank of Brazil Sets Deadlines to 2027

The Central Bank of Brazil has officially announced plans to fast-track the creation of a regulatory framework for institutional Virtual Asset Service Providers (VASPs). Unlike retail crypto exchanges, the new rules will affect companies operating in the B2B format — those building the "foundation" for digital transactions of other organizations.

Antônio Marcos Guimarães, deputy head of the Central Bank's regulation department, confirmed that the active phase of developing rules for this sector will take place in 2026–2027. Tech giants such as Ripple (payment networks), Fireblocks (infrastructure solutions), and BitGo (custodial services) will fall under supervision.

Why Has the Institutional Sector Been Challenging for the Regulator?

The delay in adopting rules is explained by the specific nature of these companies' operations. In the institutional segment, the usual brokerage model is absent, and settlements are often conducted via decentralized private networks. It took the regulator time to adapt classic financial norms to the high technical complexity of these processes.

Previously, priority was given to stablecoins, but public consultations made it clear that infrastructure players also require a clear legal framework.

Transparency and New Taxes: What Awaits Brazil's Crypto Market

In parallel with developing VASP standards, authorities are finalizing authorization criteria. Once the rules take effect, all current market participants will have exactly 270 days to fully disclose information about their activities and bring them in line with legal requirements.

Combating "Dollarization" via Stablecoins

The Brazilian Federal Revenue Service (Receita Federal) is also taking action. A high-impact measure is being prepared: the introduction of a 3.5% levy on the turnover of stablecoins.

Main reasons for introducing the tax:
The use of stablecoins as a de facto replacement for the US dollar.
The massive volume of cross-border transfers bypassing traditional banking fees.
The need to control capital flowing into digital assets for settlements.

Benefit for the Reader: How Changes in Brazil Impact the Global Market

Brazil is currently serving as a "laboratory" for global crypto regulation. Readers should pay attention to the following aspects:

B2B Deanonymization Trend: If you use services operating via Ripple or BitGo, be prepared for increased compliance and reporting procedures.

The End of Tax Loopholes: The stablecoin case shows that using the "digital dollar" to evade currency control will soon become financially disadvantageous in many countries.

Institutional Maturity: Regulating infrastructure companies makes the market more predictable for large investors, reducing the risks of sudden blocks.

Adaptation Timelines: The 270-day period (about 9 months) is becoming a standard for the smooth transition of businesses from the "gray" zone to full legality.