Policy Event Β· High impact

Brazil Central Bank Adds Independent Audit Requirement For VASP Licensing

Brazil's central bank will require crypto exchange license applicants from June 1 to submit an independent audit report from a CVM-registered auditor covering AML, CFT, customer due diligence and suspicious-transaction monitoring controls. The change raises Brazil's VASP licensing threshold from documentation to externally verified control readiness.

High impactπŸ‡§πŸ‡· BrazilLicensingAMLRegulationBTCBanco Central do BrasilCVM

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: BTC. Named institutions or platforms: Banco Central do Brasil, CVM. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Licensing tracker page β†’

Related policy events

Dunamu And Visa Explore Stablecoin Payments And Global Remittances

Upbit operator Dunamu and Visa agreed to explore stablecoin payments, global remittances and AI-driven financial services, including potential models around Open Standard's OUSD. The partnership connects exchange compliance, card-network rules, merchant acquiring, Travel Rule data and stablecoin redemption controls.

Medium impactπŸ‡°πŸ‡· South KoreaStablecoinRegulationExchangeOUSD

Midas Proposes Wellington mWIN As Aave Horizon Collateral

Midas proposed onboarding mWIN, a tokenized fixed-income portfolio managed by Wellington Management, as collateral on Aave Horizon for whitelisted institutional users. The proposal makes investor qualification, NAV governance, redemption limits, asset disclosure and liquidation haircuts central compliance controls for RWA DeFi markets.

High impact🌐 GlobalTokenizationDeFiRegulationmWINETH