CertiK has released "Intel3D: PSAV and Brazil's New Security Standards," a report examining the compliance crunch facing Brazilian virtual asset service providers (PSAV) as the central bank's October 30 authorization deadline approaches. The report says third-party compliance and security attestations are shifting from industry best practice to a condition for market entry. CertiK is already conducting independent external audits under Normative Instruction No. 701. Brazil ranks fifth globally in real cryptocurrency adoption. From June 2024 to June 2025, the country absorbed $318.8 billion in on-chain value, roughly one-third of South America's total on-chain activity in that period, meaning the regulatory shift could extend beyond the domestic market. Stablecoins have become core infrastructure in Brazil's digital asset market, representing about 80% of crypto transactions declared to the federal tax authority.
CertiK, the Web3 security firm, has published a fresh report on Brazil's looming regulatory shift, warning that local virtual asset service providers (PSAV) face a concentrated round of compliance work ahead of an October 30 authorization deadline set by Brazil's central bank.
Independent compliance and security certifications are being repositioned, according to the report, from an industry best practice into a de facto requirement for market access. CertiK said it has already begun independent external audits under Normative Instruction No. 701 issued by the central bank.
Brazil, among the world's most crypto-heavy markets, now ranks fifth globally in real crypto adoption. Between June 2024 and June 2025, the country received $318.8 billion in on-chain assets, accounting for nearly one-third of South America's on-chain activity over the same stretch. Given that scale, the report suggests, the regulatory transformation could be felt well beyond Brazil's own borders.
Stablecoins have hardened into critical infrastructure for the local digital asset market, taking up about 80% of crypto transactions declared to Brazil's federal tax authority.
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