The Brazilian Central Bank advances the authorization system for virtual asset service providers, with multiple platforms adjusting their services
2026-09-08 19:57:29
According to CoinMeta, and as reported by criptonoticias, with the Brazilian Central Bank advancing its authorization system for virtual asset service providers (PSAV), digitra, coinext, and bitso have recently made adjustments to their local operations. digitra ceased trading on September 8th and decided not to apply for PSAV authorization. coinext, having failed to meet the minimum capital requirements, announced a phased closure of its crypto trading business. bitso stopped its retail services to individual Brazilian customers and directed those clients to mercado. bitcoin continued to operate its institutional services. The report states that existing platforms wishing to continue operating in Brazil need to submit their authorization applications by the end of October.
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