Updated 8 August 2026 · Banco Central do Brasil · Resolutions 519, 520, 521
Brazil's Central Bank (BCB) published its virtual-asset service provider framework as BCB Resolutions 519, 520 and 521, in force from 2 February 2026. Providers that operate in Brazil now need BCB authorization, and the window to regularise is closing.
| Category | What it covers |
|---|---|
| Virtual-asset intermediary | Intermediation of virtual-asset transactions |
| Virtual-asset custodian | Custody / safekeeping of client virtual assets |
| Virtual-asset broker | Combined intermediation and custody |
Foreign VASPs operating in Brazil on 2 February 2026 were given 270 days to transfer clients and operations to a Brazil-regulated VASP or incorporate a Brazilian entity. That period runs out at the end of October 2026. From 30 October 2026, BCB-supervised financial institutions must stop facilitating operations with unauthorized VASPs — so an unauthorized provider loses its banking rails, which is a practical shutdown even before any enforcement.
Minimum paid-in capital is assembled from components rather than a single figure: a base per operational category (around R$2m), an infrastructure add-on (roughly R$5m–R$10m), and activity components (from about R$1m for service activities up to about R$7m for lending), with investment categories around R$5m–R$8m. Your requirement is the relevant cost component plus the activity component.
Figures here are drawn from secondary analyses of Resolutions 519–521, not from the Resolutions' text directly. Treat as indicative and verify against the BCB Resolutions before you rely on them. Portuguese-language filing applies.
Decide your category, confirm your capital build against the Resolutions, and — if you are a foreign operator — choose between migrating to a licensed Brazilian VASP and incorporating locally, before the banking cut-off bites. A structured readiness check saves weeks.
Brazil readiness checklist (PDF, USD 79)Gap Check on your entity (USD 500)
Not legal advice, not a filing service. Verify against the BCB Resolutions. TK Global OS — Okinawa, Japan.