Brazil regulation

Brazil’s crypto register distinguishes applicants from authorized institutions

The central bank’s own warning prevents a list of applications from being mistaken for a list of licenses.

ETH Canal ·

Anonymous visitor facing blank directory panels in a bright generic public-building lobby.

Brazil’s central bank now offers a public consultation covering virtual-asset service providers. The page, updated November 6, explicitly separates companies that have submitted authorization requests from institutions already authorized by the Banco Central do Brasil that may provide these services under the applicable rules.

Appearing in the applicant table does not mean a company has received authorization. The table includes the request’s status, with entries under examination and at least one refusal visible on the first page. Treating the whole register as approved providers would erase the distinction the regulator asks readers to make.

For a team evaluating a Brazilian partner, the useful step is to check the legal entity and current status, then confirm the service and permissions relevant to the intended flow. This reporting does not establish that a particular provider is licensed or that appearing in either category guarantees suitability for every product.