Decree No. 11,563/2023 was published on 14 June, regulating Law No. 14,478/2022 (“Legal Framework for Virtual Assets”) and determining the competencies of the Central Bank of Brazil.
Our Corporate team has written an analysis highlighting the main competencies, which are: i) regulating the provision of virtual assets services, (ii) regulating, authorizing and supervising virtual assets service providers, and (iii) deliberating on other situations provided for in the Legal Framework for Virtual Assets.
Check out the full content, in Portuguese, here.
