On August 11, CertiK, a Web3 security firm, released a report titled 'Intel3D: PSAV and Brazil's New Security Standards.' The report notes that as the deadline set by Brazil's central bank for authorization applications — October 30 — approaches, local virtual asset service providers (PSAVs) are facing a wave of compliance adjustments. Independent third-party compliance and security certifications are shifting from a best practice to an essential requirement for market access. CertiK says it has already begun independent external audits under Central Bank Normative Instruction No. 701. Brazil ranks fifth globally in actual crypto adoption. Between June 2024 and June 2025, the country received $318.8 billion in on-chain asset value, accounting for nearly one-third of South America's on-chain activity during that period. Stablecoins have become a key piece of local digital asset infrastructure, representing roughly 80% of the trading volume reported to Brazil's federal revenue service. The regulatory transition's impact could extend well beyond Brazil's borders.
Web3 security firm CertiK published a report on August 11 titled 'Intel3D: PSAV and Brazil's New Security Standards,' laying out how Brazil's crypto sector is entering a full-fledged regulatory phase. The report points to an approaching central bank deadline — October 30 — for authorization applications, pushing virtual asset service providers (PSAVs) into a concentrated round of compliance work. What used to be a voluntary best practice is now becoming a precondition for entering the market: independent third-party compliance and security certification.
CertiK said it has already started conducting independent external audits under Normative Instruction No. 701 issued by Brazil's Central Bank.
Brazil is among the world's most active crypto markets. The report ranks Brazil fifth globally in actual cryptocurrency adoption. Between June 2024 and June 2025, Brazil received $318.8 billion in on-chain asset value, close to one-third of all on-chain activity recorded in South America during that period. The consequences of this regulatory shift, the report suggests, will likely be felt well beyond Brazil's own market.
Stablecoins have become key infrastructure in Brazil's digital asset market. They account for approximately 80% of the cryptocurrency transaction volume reported to Brazil's federal tax authority.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
