[Brazilian Central Bank: 30% of Crypto Exchanges Fail to Meet New Capital Requirements] According to a report by Bitcoin.com News on November 13th, Ailton Aquino, the head of the Brazilian Central Bank's Inspectorate, stated at a meeting that nearly one-third of the 120 virtual asset service providers that submitted applications to continue operating before the October 30th deadline failed to meet the capital requirements stipulated in the Central Bank's Resolutions 519 and 520. Each institution, depending on its classification, must hold a maximum of US$7.2 million in capital, and their applications may be rejected after review.