Brazil’s central bank said crypto asset purchases in the country reached $14.68 billion in the first half of 2026, up 135% from $6.24 billion in the same period of 2025. The figures cover transactions in Bitcoin, Ether and stablecoins processed by registered virtual asset service providers, or VASPs. In June alone, crypto purchases totaled $2.54 billion, compared with $1.48 billion in June 2025. Stablecoin purchases in May came close to $2.632 billion, marking 158% growth from a year earlier. Fernando Rocha, head of statistics at Brazil’s central bank, said the local crypto market has moved beyond its initial stage and is now expanding while testing use cases. He also said demand has been driven by dollar-pegged stablecoins, which now account for more than 90% of that demand and can be used for payments and cross-border settlement. The central bank classifies VASPs as Class 3 entities, and from January 2027 they will be subject to the same requirements applied to securities brokers, securities distributors and foreign-exchange brokerage firms.
Brazil’s central bank said crypto asset purchases in the country reached $14.68 billion in the first half of 2026, up 135% from $6.24 billion a year earlier.
The tally covers transactions in Bitcoin, Ether and stablecoins handled by registered virtual asset service providers, or VASPs.
June volume also rose from a year earlier
In June, crypto asset purchases in Brazil totaled $2.54 billion, above the $1.48 billion recorded in June 2025.
Stablecoin purchases in May came close to $2.632 billion, an increase of 158% from May 2025.
Central bank official points to market expansion
Fernando Rocha, head of statistics at Brazil’s central bank, said the country’s crypto asset market has moved past its initial stage and is expanding while exploring use cases.
Rocha said demand growth has been driven by dollar-pegged stablecoins, which now account for more than 90% of that demand and can be used for payments and cross-border settlements.
Class 3 rules for VASPs take effect in January 2027
Brazil’s central bank places VASPs under Class 3. Once the framework takes effect in January 2027, those institutions will have to meet the same requirements that apply to securities brokerage firms, securities distribution firms and foreign-exchange brokers.
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