Regulatory Alerts2026-02-26 | Resolução BCB 550BCB Resolution No. 550 — Establishes Accounting Criteria for Virtual Assets
The Central Bank of Brazil issued Resolution No. 550 to establish mandatory accounting criteria for the recognition, measurement, and disclosure of virtual assets by consortium administrators, payment institutions, securities brokers, and virtual asset service providers. The regulation requires initial recognition at cost or fair value, subsequent monthly measurement at fair value with gains or losses recognized in profit or loss, and specific de-recognition triggers for discontinued assets. It further mandates detailed explanatory note disclosures regarding accounting policies, risk factors, quantity variations, and fair value hierarchies, with prospective application starting January 1, 2027.
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