Brazil virtual asset regulation

Key Points:* Central Bank of Brazil proposes new accounting standards for digital assets.

• Consultation process to align with international practices.
• No immediate financial impact reported on local crypto assets. Financial authorities in Brazil have launched a public consultation to standardize the handling of digital assets and utility tokens in financial institutions. The Central Bank aims to establish uniformity in accounting practices across the sector.

On June 26, 2025, the Central Bank of Brazil began a public consultation aimed at setting standardized guidelines for accounting related to digital assets and utility tokens. This move comes under the oversight of Roberto Campos Neto, the governor of the Central Bank. The proposed resolution includes important measures such as standards for initial recognition and subsequent measurement, along with specific disclosure requirements designed to foster transparency.

Central Bank’s Roadmap for Digital Asset Accounting Standards

“The proposed rules will directly shape how all regulated financial entities—banks, custodians, and VASPs—account for, measure, and disclose crypto-related holdings.” — Roberto Campos Neto, Governor, Central Bank of Brazil.

The consultation is non-financial, focusing on accounting methods rather than direct capital involvement. It targets the accounting practices within financial institutions, requiring them to adjust their financial statements as per the new guidelines. This is expected to affect all crypto assets reflected on financial statements in Brazil.

While there have been no notable public reactions from key figures at this time, industry stakeholders and communities are preparing for involvement in the consultation dialogue, likely via channels like GitHub and other forums. Such engagements will help shape the forthcoming guidelines.

Historical Context, Price Data, and Expert Analysis

Did you know? Past consultations by the Central Bank have frequently led to comprehensive guidelines affecting both banks and Virtual Asset Service Providers (VASPs) in Brazil.

Data from CoinMarketCap indicates that Bitcoin (BTC) trades at $107,306.50, with a market cap of $2.13 trillion and dominating market presence at 64.93%. Over the last 60 days, Bitcoin surged 14.14%, showing a stable growth trajectory. The 90-day period reflects a notable increase of 26.06%.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:50 UTC on June 26, 2025. Source: CoinMarketCap Insights from the Coincu research team highlight that the clarity provided through this standardization could enhance trust in Brazil’s crypto market. By aligning with established frameworks, Brazil aims to integrate digital and traditional finance more smoothly, bolstering both regulatory compliance and market innovation.

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