Brazil's Central Bank Issues Guidelines for Crypto Businesses

Brazil's Central Bank has released new regulations for banks and brokerage firms seeking to engage in cryptocurrency activities. According to PANews, these institutions are required to hire a qualified independent company to verify their compliance with the monetary authority's regulations for virtual asset service providers (PSAV). The certifying entity must clearly demonstrate that there is no conflict of interest with the audited party. source: https://www.binance.com/en/square/post/35542534862561?utm_source=BinanceNewsRSS