Regulation· ★★★· neutral·

Nonco files for Brazilian central bank VASP license

  • —Nonco seeks intermediary VASP status under BCB resolutions 519–521
  • —Filing submitted two days before the October 30 transition deadline
  • —Review is split into stages of up to 360 and up to 720 days
  • —Nonco processed over $30 billion in volume in the past year
Why it matters: Brazil is closing its transition window for crypto firms, and licensing will decide who remains in Latin America's largest market.
Source: Livecoins