The Central Bank of Brazil will accelerate asset tokenization and stablecoin regulation before 2025
ChainCatcher news, according to News.bitcoin, Brazil's central bank president Roberto Campos Neto plans to accelerate the regulation of asset tokenization and stablecoins before 2025. The bank will release new consultation opinions this month to gather more feedback on the approval of the country's VASP operational rules.
In a recently aired program, Campos Neto claimed that the bank is also developing rules for virtual asset service providers (VASP). He revealed that the bank will launch a public consultation to seek opinions on the draft regarding the "conduct, organization, and authorization processes" of these entities.
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