A #CVM adota Proactive Approach to #Cripto assets, Aiming for Global Leadership

The interim president of the Securities and Exchange Commission (CVM), Otto Lobo, signaled a significant intensification in the regulation process of crypto assets in Brazil, with the goal of completing relevant regulatory milestones by the end of 2025. This strategic move, announced during Blockchain Rio, reflects the authority's vision to position Brazil at the forefront of digital financial innovation.

The technical approach adopted by the CVM prioritizes a regulatory model based on two main pillars:

1. Active Listening to the Industry: Recognizing the dynamic nature and rapid evolution of the crypto asset market, the CVM plans to maintain constant dialogue with various players in the sector, including exchanges, custodians, developers, and investors. This continuous interaction aims to ensure that the regulation is practical, adaptable, and does not stifle technological innovation.

2. Technological Integration with Existing Legal Frameworks: Instead of creating a completely new regulatory framework from scratch, the CVM seeks to integrate crypto assets within the already established legal structures in the Brazilian financial system. This involves analyzing how current laws and regulations can be applied and adapted to encompass the specificities of digital assets, ensuring legal security and investor protection.

The CVM's decision to accelerate regulation occurs at a strategic moment for Brazil. The country has a growing crypto ecosystem and an engaged user base. By adopting a proactive and balanced regulatory stance, Brazil has the opportunity to attract investments, foster innovation, and establish itself as a globally relevant jurisdiction in the sector, creating a safer and more predictable business environment for companies and investors throughout the national territory. The bet is that this regulatory clarity will drive market development and position the #Brasil as an international benchmark.