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AiCoin
AiCoin|Sep 24, 2025 12:53
[Brazil's Central Bank Plans to Strengthen Forex Regulation, Crypto Exchanges May Be Affected] Brazil's Central Bank recently released a public consultation document proposing new regulations for the foreign exchange industry, which could impact the operations of cryptocurrency exchanges. Although the proposal does not directly mention cryptocurrency transactions or exchanges, the new rules would require forex service providers to apply for licenses, submit customer transaction data, and conduct fund transfers through designated entry and exit points. Additionally, the amount for a single transaction must not exceed $10,000. These regulations could affect platforms that allow customers to conduct international transfers or sell cryptocurrencies in currencies other than the Brazilian Real. The Central Bank of Brazil aims to enhance transparency in the forex industry, but local media have warned that both domestic and international crypto exchanges may face restrictions. The public consultation period will run until November 2.
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