Brazil's Central Bank Proposes New Standards for Virtual Assets

According to PANews, the Central Bank of Brazil has released a draft regulatory resolution concerning the accounting recognition, measurement, derecognition, and disclosure standards for virtual assets and utility tokens by financial institutions. This initiative aims to enhance the transparency, comparability, and quality of related accounting information. The public is invited to submit their opinions and suggestions through the Central Bank's website or the government platform 'Participa + Brasil' by August 24, 2025.