BC starts publishing list of companies able to operate with crypto assets
From Monday (9), citizens can check on the BC website which institutions are authorized or in the process of being authorized to work with crypto assets
Quick Look
Starting this Monday (9), the Central Bank provides consultation on the website to check which institutions are authorized or have started the process to provide services with virtual assets, such as cryptocurrencies, seeking transparency in the sector regulated by Resolution 520/2025.
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Why It Matters
The Central Bank regulates the activities of virtual asset service providers in Brazil through Resolution 520/2025, which regulates companies that offer services such as purchase, sale, exchange, transfer and custody of digital assets.
Starting this Monday (9), citizens will be able to check at the Central Bank (BC) which institutions can provide services related to virtual assets, such as cryptocurrencies.
The consultation is available on the monetary authority's website and allows you to check which entities are authorized to operate in this market or have already started the process to obtain authorization.
The measure seeks to provide more transparency to the sector and facilitate the identification of service providers that follow the rules established by the regulator.
List brings together two groups
Companies in the authorization process: companies providing virtual asset services (SPSAVs) that have already filed a request to operate with the Central Bank.
Institutions already authorized: banks and other financial institutions that have authorization from the BC to operate and have communicated that they are able to offer services with virtual assets.
The distinction is important: a company that appears in the first list does not necessarily have already received definitive authorization from the Central Bank. It is identified because it submitted the authorization request and can operate in accordance with the rules applicable to the process.
What are virtual assets?
Virtual assets are digital representations of value that can be traded or transferred electronically. Cryptocurrencies, such as bitcoin and ether, are well-known examples of this type of asset.
The market also includes services related to these assets, such as buying, selling, exchanging, transferring and custody, an activity that consists of storing or managing digital assets on behalf of clients.
Companies that offer these services are called virtual asset service providers. Their operations in Brazil are regulated by Resolution 520/2025 of the Central Bank.
Update of lists
According to the Central Bank, the information will be updated periodically. The list of virtual asset service providers should reflect the status of authorization processes.
Open Questions
- How many companies are currently on each of the two lists?
- How often will the lists be updated?
- What are the specific requirements for obtaining definitive authorization?
