Brazil Pushes Mandatory Tokenization to Overhaul Market Tracking
Key Highlights: Brazil’s CVM is preparing a major modernization effort backed by a Supreme Court ruling permitting the regulator to retain 70% of inspection fee revenues to onboard 1,200 employees. Regulators are testing three distributed ledger technologies (DLTs) to enable native digital assets, smart contract-level anti-money laundering (AML) controls, and $20 minimum investments in money ...