[Brazilian Central Bank: 30% of Cryptocurrency Exchanges Failed to Comply with New Capital Requirements] According to Bitcoin.com, Brazilian central bank officials stated that nearly one-third of the 120 virtual asset service providers that submitted applications before the October 30 deadline failed to meet the central bank's capital requirements, and their applications may be rejected after review. Ailton Aquino, the head of the Brazilian central bank's compliance department, pointed out that at least 30% of cryptocurrency exchanges did not meet the equity capital requirements stipulated in Resolutions 519 and 520, which require each institution to hold a maximum of US$7.2 million in capital, depending on the category. Furthermore, a large number of applicants failed to submit the audited financial statements required by the regulator. Previous reports indicate that these measures have already led to the exit of several companies, including Bitnuvem, NovaDAX, Digitra, and Coinext, from the Brazilian market.