Alessandro
Sat Jun 08 2024
|
7 answers
1193
Is crypto allowed in Brazil?｜Companies operating in the crypto segment, such as exchanges, now need a license to operate in the country, as is required for financial institutions. They must also obtain the legal entity registration number in Brazil (CNPJ).
Hello there, could you possibly enlighten me on the current regulations regarding cryptocurrency in Brazil? I've been hearing conflicting reports on whether or not it's allowed there. And also, if it is allowed, I'm interested in understanding the legal framework for businesses operating in the crypto space. Do companies like crypto exchanges now require a license to function within Brazil? Is there any additional registration or permit needed, akin to what financial institutions are mandated to have? For instance, is there a specific legal entity registration number they need to obtain in Brazil? It would be greatly appreciated if you could provide some clarity on these matters. Thank you in advance for your assistance.
