Regulation· ★★★· neutral·

Brazil bill would give crypto exchanges real-time access to tax authority database

  • —Bill 5.645/2026 was filed in the Chamber of Deputies on Oct. 21
  • —Access would extend to VASPs, payment firms, CVM-regulated managers, insurers and pension funds
  • —Companies would pay for the system and be barred from reselling or sharing data
  • —Violations could trigger access suspension of up to 12 months or contract termination
Why it matters: The proposal tightens KYC/AML in Brazil after an R$800 million Pix hack and PCC-linked fintech schemes, targeting fake and deceased-identity accounts.
Source: Livecoins