
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
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