Brazil’s Central Bank is moving forward on long-delayed digital asset regulations, holding a high-level closed-door meeting in São Paulo today with Binance and the Brazilian Tokenisation and Blockchain Association (ABToken).
According to the official agenda, Gilneu Francisco Astolfi Vivan, the Central Bank’s Director of Regulation, met with Binance’s legal and compliance leaders Thiago Sarandy de Carvalho and Victor Henrique Martins Gomes, along with ABToken’s Daniel Paiva Gomes. The session was described only as “regulation,” with no further details released.
The private nature of the talks highlights the sensitivity of Brazil’s evolving crypto framework. Stablecoins are emerging as the central focus, with Central Bank President Gabriel Galípolo and Director Renato Gomes recently stating that new rules are expected by the end of 2025.
The urgency comes amid a rise in cyber threats targeting Brazil’s financial system. Regulators are pushing for operational guidelines for crypto firms as part of a broader financial security strategy.
Brazil is among Latin America’s largest crypto markets, but regulation has lagged behind adoption. With Binance under heightened scrutiny and stablecoins dominating local trading volumes, today’s meeting signals that tougher oversight may soon be on the way.
