Business · Companies · 7 hrs ago
Brazil lists 24 crypto service providers as 119 authorization requests await review
Brazil’s Central Bank has published lists showing 24 institutions are cleared to provide crypto services in the country.
Another 119 authorization requests are still under review, and one request, from Higherway Tech Soluções, was rejected.
A pending application does not mean a company has received final authorization, though it may operate under rules that apply while its request is being examined.
The lists include companies such as Binance, Mercado Bitcoin and Coinbase among those awaiting review, while banks including Itaú Unibanco and Bradesco are among those already cleared.
The rules require existing providers to meet the Central Bank’s requirements; those that fail must stop operating within 30 days and tell clients to move their assets to an authorized institution.
The lists will be updated periodically as application decisions and new notices from financial institutions are received.
Brazil has 24 institutions authorized to provide services involving virtual assets, while 119 applications await review by the Central Bank.
The regulator published lists of authorized institutions and companies seeking authorization on November 9.
One application, from Higherway Tech Soluções, was denied; the regulator did not disclose the reason.
The pending applications include 72 for virtual-asset intermediaries, 46 for exchanges and one for a custodian.
The Central Bank said the lists aim to increase transparency and help people identify providers in the regulated market.
- Who
- Brazil’s Central Bank published the lists of institutions and companies involved in virtual-asset services.
- What
- The lists show 24 authorized institutions and 119 applications awaiting review. One application was denied.
- When
- November 9, 2026. The list data was current through November 6.
- Where
- Brazil.
- Why
- The Central Bank said the lists are intended to promote transparency and improve public knowledge of the regulated market.
This story does not have two clearly opposing sides.
The Central Bank issued new rules for virtual-asset trading in Brazil.
Existing crypto businesses had until this date to show they met the Central Bank’s rules or adapt to its requirements.
The data in the Central Bank’s lists was updated through this date.
The Central Bank published lists showing 24 authorized institutions, 119 applications under review and one denied application.
- Authorized institutions
- 24
- Applications under review
- 119
- Denied application
- Higherway Tech Soluções Ltda.
- Intermediary applications
- 72
- Exchange applications
- 46
- Custodian applications
- 1
2 sources
What people are saying
The publication of the lists is part of the BC's efforts to promote greater transparency, security and knowledge about the regulated environment for the provision of services related to virtual assets in the country