Crypto Associations Urge Central Bank to Delay New Market Rules by 120 Days

Three major Brazilian crypto industry associations - ABToken, Zetta, and ABFintechs - have formally requested the Central Bank to delay by 120 days the deadline for implementing new crypto market rules. The entities are warning of a critical bottleneck in audits and the imminent flood of BC regulations planned for 2026, which could make operations unviable for many sector companies. The request comes at a crucial moment for the Brazilian crypto ecosystem, which seeks clear regulation but faces significant operational challenges. The associations argue that the current deadline is insufficient for compliance with new requirements, especially considering the complexity of audits and the multiplicity of regulations that will take effect next year. The BC's decision will be fundamental to the future of the crypto market in the country, directly impacting thousands of companies and investors.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at Portal do BitcoinSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News

US economy enters 74-month expansion, beating historical average

Dollar Stuck at R$5.08: Middle East Conflict Freezes Exchange Rate
Middle East tensions, historically a catalyst for dollar appreciation, are being counterbalanced by the weakness of the Brazilian economy, which continues to show signs of slow recovery. Analysts are closely monitoring how the international scenario could influence the Central Bank of Brazil in its decisions regarding the Selic rate, while the market now prices a scenario of greater caution for the coming months.
3 Signs Bitcoin (BTC) Could Crash to $30K This Month
This potential correction comes at a time of uncertainty for the crypto market as investors closely monitor movements of major players and regulatory decisions. A drop to the $30K range would represent a buying opportunity for some but a significant loss for others, highlighting the importance of risk management in cryptocurrency trading.

South Africa Cracks Down on Cross-Border Crypto Transfers
The proposed regulations aim to enhance oversight and control over digital capital flows, potentially impacting the financial freedom of crypto users in South Africa. While authorities seek greater transparency and anti-money laundering measures, the country's crypto industry faces uncertainties about how to adapt to these new regulatory requirements.

Criminal Liability for Crypto Asset Managers: What You Need to Know
Cardano (ADA) Quietly Pulling Off a Bear Market Comeback And Retail Hasn't Noticed
Cardano's resurgence comes amid a broader crypto market uncertainty where projects with solid fundamentals and continuous development activity are outperforming. The increasing TVL indicates growing confidence in the platform, while whale accumulation suggests large players are accumulating ADA at attractive price points. For long-term investors, this quiet comeback could represent a strategic entry point before the crypto market regains momentum and media attention shifts to Cardano's impressive fundamentals.
