Regulation· ★★★· bullish·

Brazil's CVM launches pilot program to test asset tokenization

  • —Resolution 249/2026 establishes the DLT pilot for securities issuance and settlement
  • —Testing period is 60 days, extendable by another 30
  • —No real money or retail investors allowed in the sandbox
  • —Infrastructure proposals accepted for 15 business days
Why it matters: Brazil is testing blockchain infrastructure for its capital markets, potentially accelerating tokenization adoption in the country.
Source: Livecoins