Brazil Central Bank Announces New Crypto Regulations with $7M Capital Requirements for Digital Asset Firms

The Central Bank of Brazil has introduced comprehensive regulatory framework for cryptocurrency operations, establishing clear capital requirements for digital asset firms. Under the new regulations, crypto companies must maintain minimum capital reserves up to $7 million depending on their operational scale and risk profile. The regulatory measures aim to enhance investor protection while fostering responsible innovation in Brazil's growing digital asset market. These rules represent a significant milestone for cryptocurrency institutional adoption in Latin America's largest economy.