Brazil Crypto Licensing Rules Take Effect as School Phone Ban Beds In
Regulatory Shifts Brazil Crypto Licensing Rules Take Effect as School Phone Ban Beds In Key Facts —Crypto licensing. Central Bank Resolutions 519, 520 and 521 took effect on 2 February 2026, requiring virtual asset service providers to obtain authorisation and meet strict governance rules. —Stablecoins. Purchases, sales, and certain cross-border transfers of stablecoins are now […] The post…
Brazil's new crypto licensing rules, enacted on February 2, 2026, came into effect alongside a federal ban on smartphones in basic education classrooms. This move solidifies the country's position as one of the most tightly regulated digital-asset jurisdictions globally. The Central Bank's Resolutions 519, 520, and 521 require virtual asset service providers to obtain authorization and adhere to stringent governance rules, including robust cybersecurity measures and anti-money laundering compliance.
Stablecoin transactions are now classified as foreign exchange operations, carrying reporting obligations and limits. A per-transaction cap of US$100,000 for pure VASPs and US$500,000 for authorized financial institutions has been set. Existing crypto firms must apply for authorization between February 2 and October 29, 2026, after which unlicensed players will be cut off from the financial system.
Meanwhile, the school phone ban, introduced in January 2025, has already shown positive results, with students reportedly paying more attention in class and a decrease in cyberbullying.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
