Brazil’s Central Bank Meets Binance on Crypto Regulation
Brazil’s Central Bank Director of Regulation, Gilneu Francisco Astolfi Vivan, met with Binance representatives and the Brazilian Tokenization and Blockchain Association (ABToken) today. The closed-door meeting in São Paulo focused on upcoming cryptocurrency regulations. This marks a new phase in Brazil’s effort to create a formal regulatory framework for digital assets.
Binance’s legal and compliance leaders, Thiago Sarandy de Carvalho and Victor Henrique Martins Gomes, joined the meeting. Daniel Paiva Gomes represented ABToken. The official agenda listed the topic simply as “regulation,” with no further details released.
Focus on Stablecoins and Cybersecurity
The meeting highlights the sensitivity of Brazil’s evolving crypto policies. The government is increasing pressure to regulate stablecoins. Central Bank President Gabriel Galípolo and Director Renato Gomes said new digital asset rules are expected by the end of 2025. Stablecoins are the top priority.
Recent cyberattacks on Brazil’s financial system have accelerated the Central Bank’s digital risk management plans. Galípolo confirmed that crypto companies will face specific operational guidelines. These are part of a national financial security strategy.
Brazil’s Growing Crypto Market Faces Regulation
Brazil is one of Latin America’s largest crypto markets. However, regulation has lagged behind adoption. Binance is under scrutiny, and stablecoins lead local trading volumes. The meeting suggests Brazil may take a tougher stance on digital assets soon.