#174: Winners and Losers of Brazil’s New VASP Rules with Carlos Russo and Cesar Carvalho

After three years of waiting, Brazil's central bank has finally released comprehensive VASP regulations. In this episode, Carlos Eduardo Russo (Bluegreen) and Cesar Carvalho (Baptista Luz Advogados) join host Aaron Stanley to break down the regulatory framework that will reshape Brazil's digital asset industry. We discuss the phased authorization process, capital requirements ranging from R$11-37 million, how stablecoins are now integrated into Brazil's FX market, and whether these rules truly level the playing field between local and international exchanges. Both guests have been deeply involved with AB Token's government affairs work and provide insider perspectives on what comes next for the industry.You can connect with Carlos and Cesar on Linkedin------------------------------------------------------------------Brazil Crypto Report is presented by AveniaIf you're building a wallet, a crypto consumer app, or a global payment platform, Avenia is your bridge to Latin America. Instantly connect to PIX, SPEI, and CBU using stablecoins — with one API. No banks. No FX desks. No SWIFT. Move money globally, with full compliance and real-time settlement. Learn more at ⁠⁠⁠avenia.io⁠⁠⁠.------------------------------------------------------------------Figment is the leading independent provider of staking infrastructure with $18B assets under stake and provides the complete solution for over 1000 institutional clients in Latin America and globally. Through its enterprise-grade infrastructure, Figment enables clients such as banks and exchanges, to earn rewards on Proof-of-Stake assets such as Ethereum and Solana, while maintaining the highest standards of security, compliance, and performance.Learn more at ⁠figment.io⁠-------------------------------------------------------------------🎙Listen to BCR on your favorite podcast platform⁠Spotify⁠⁠Apple Podcasts⁠⁠Google⁠💣 For editorial and sponsorship inquiries: [email protected]#brazil #web3 #crypto #blockchain #bitcoin #ethereum #fintech #latam #defi #onchain #regulation #cryptonews #stablecoins #tokenization