Regulation· ★★· neutral·

Brazil's CVM discusses tokenization with Binance and Base

  • —The meeting was organized by Instituto Livre Mercado with the CVM's tokenization working group (GTT)
  • —CVM director João Assioli said some regulatory requirements are outdated
  • —Base was represented by Maria Julia Argollo, Binance by Tiago Sarandi
  • —Four topics were discussed: infrastructure, exchange competition, distributed ledgers and regulation
Why it matters: The regulator's dialogue with major players could accelerate the formation of tokenization rules in Brazil.
Source: Livecoins
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