PANews March 4th Report: According to DL News, the Central Bank of Brazil has issued new regulations requiring licensed cryptocurrency trading platforms to submit daily reports starting January 1, 2027. These reports must demonstrate sufficient funds to handle risks such as hacking attacks and comply with data protection and confidentiality obligations according to commercial bank standards. The new rules also mandate that exchanges keep their fiat currency accounts, crypto asset accounts, and customer asset accounts fully separate, and include crypto assets in their balance sheets following a dedicated accounting manual. Additionally, regulators will impose restrictions and review processes on cross-border transfers to enhance the traceability of on-chain fund flows, aiming to curb money laundering, tax evasion, and funding of criminal activities using crypto assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Canadian Regulators Revoke Registration of 23 Cryptocurrency Service Providers
Canada's Finance Minister announced that FINTRAC has revoked the registration of 23 cryptocurrency service providers, marking a crackdown on cryptocurrency compliance. The government will continue to take measures to address related risks.
GateNews8m ago
Senator Lummis: Market Structure Bill One Step Away from Passage, Banking Industry Disagreements Near Resolution
Wyoming Senator Lummis indicated that the U.S. Digital Asset Market Structure Act (CLARITY Act) is close to passage, but disagreement over stablecoin yield remains a major obstacle. If not passed by May, digital asset legislation will face significant challenges. Variables from the midterm elections could impact the bill's progress, with Lummis emphasizing this is the only opportunity for market structure reform.
MarketWhisper9m ago
CEO Kalshi Opposes Criminal Charges from Arizona, Calls Them "Beyond Authority"
Tarek Mansour, CEO of Kalshi, dismissed criminal allegations from Arizona as overreach, asserting the company's operations are not gambling. He emphasized that the legal dispute remains unresolved and that the CFTC has authority, not state regulators.
TapChiBitcoin21m ago
Polymarket Recruits Chief Risk Officer, Expands U.S. Regulated Business
Polymarket is seeking a Chief Risk Officer to expand its regulated business in the United States, in compliance with CFTC requirements. The agency's rules restrict certain controversial contracts from being listed in the United States, while these contracts remain available in international operations. Polymarket is also expanding its legal team to strengthen compliance capabilities.
GateNews22m ago
US Senator Lummis: The CLARITY Act Aims to Provide Clear Rules and Regulatory Framework for Digital Asset Markets
Gate News reports that on March 19, U.S. Republican Senator Cynthia Lummis posted on Twitter: "Clear rules, regulations, and jurisdiction—that is what the CLARITY Act is all about. It is time for the digital assets market framework to finally take shape."
GateNews41m ago
SEC Chair: NFTs Are Collectibles, Not Investment Contracts, Not Subject to Securities Law Regulation
U.S. Securities and Exchange Commission Chairman Paul Atkins pointed out that NFTs are generally not regulated under securities laws because they resemble physical collectibles rather than investment contracts. The SEC has clearly identified four categories of digital assets that are generally not considered securities, including digital commodities, digital utilities, digital collectibles, and stablecoins. Atkins emphasized that regulation will transform, providing clearer guidance rather than relying on enforcement.
MarketWhisper1h ago
