Brazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets

Bitcoin.com | Nov 4, 2022 at 11:00 AM
  • On Nov. 1, The Brazilian Securities Regulator, CVM, announced that it might create a new superintendence to deal with crypto-related market regulation.
  • The Brazilian Securities Regulator, CVM, announced on Nov. 1 that it will create a crypto-specific superintendence with the objective of exercising the needed oversight over all participants in the market.
  • On Oct. 13 the organization issued a document that offers guidance to identify tokens that can be considered securities in the scope of the Brazilian market.