Regulation· ★★★· neutral·

Brazil Senate puts crypto, Pix and fintech bills on 2027 agenda

  • —PL 4.932/2023 mandates segregation of client funds from exchange capital
  • —Crypto platforms would need CVM approval to offer derivatives
  • —Package also includes PEC 65 on Pix and PL 3.572 on fintech rules
  • —Rapporteur Irajá lost re-election; the file will pass to another senator
Why it matters: Stricter segregation and CVM oversight could reshape operating requirements for crypto exchanges in Latin America's largest economy.
Source: Livecoins