The Central Bank of Brazil plans to advance the regulation of institutional VASPs (crypto infrastructure providers serving institutions) by 2027. The deputy head of the central bank's regulatory department stated that relevant rules will be promoted during the 2026-2027 period, and local operation authorization standards have already been finalized. Approved institutions must report their business activities within 270 days. At the same time, Brazil's National Tax Agency is reportedly preparing to introduce a controversial measure, proposing a 3.5% tax on stablecoin fund flows. This move aims to close a policy loophole that previously allowed individuals and institutions to use stablecoins as a substitute for the US dollar for payments and cross-border remittances. (Bitcoincom) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57067