Regulation· ★★★· neutral·

Brazil: unlicensed crypto firms face criminal risk from October 30

  • —Deadline to file PSAV authorization with Brazil's central bank is October 30, 2026
  • —Law 14.478/2022 equates crypto firms with financial institutions for criminal purposes
  • —Operating without a license after the deadline falls under Article 16 of Law 7.492/1986
  • —Liability is personal and requires proof of intent by individual executives
Why it matters: Brazilian crypto exchanges and service providers must legalize by October 30 or their management faces investigations and criminal charges.
Source: Livecoins
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