Techub News Report, according to Exame, the Central Bank of Brazil (BC) has issued a normative directive requiring banks, brokerages, and other institutions under its regulation that wish to enter the cryptocurrency market to meet two additional core requirements: hire a "qualified independent technical certification company" to audit their disclosed information, and submit audited materials to demonstrate the implementation of segregation management of client assets and proprietary assets. The new requirements will take effect from February 2 (some types of institutions are subject to exemptions/exception arrangements).
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Techub News Report, according to Exame, the Central Bank of Brazil (BC) has issued a normative directive requiring banks, brokerages, and other institutions under its regulation that wish to enter the cryptocurrency market to meet two additional core requirements: hire a "qualified independent technical certification company" to audit their disclosed information, and submit audited materials to demonstrate the implementation of segregation management of client assets and proprietary assets. The new requirements will take effect from February 2 (some types of institutions are subject to exemptions/exception arrangements).