Brazil’s Central Bank Makes Independent Audits Mandatory for Crypto Firms

BRAZIL · CRYPTO Key Facts —The rule: Brazil’s Central Bank published Normative Instruction 739 on Friday, May 29, requiring an independent audit report for any virtual-asset firm seeking authorization. —The date: The requirement takes effect on Sunday, June 1, applying to new license applicants and to already-authorized firms, which must adapt. —The auditor: The audit […] The post Brazil’s Central Bank Makes Independent Audits Mandatory for Crypto Firms appeared first on The Rio Times .