
Brazil's CVM chief says tokenization is the only way to supervise the market
- —CVM proposes a cloud data lake and AI processing as the backbone of oversight
- —Brazil has 34,000 investment funds with R$11.5 trillion in assets
- —Net inflows into the funds reached R$251.7 billion
- —Remarks were made at a fund-law congress in Sao Paulo
Why it matters: A major Latin American regulator formally tying market supervision to tokenization could accelerate institutional adoption in the region.
Source: Livecoins