BCB Normative Instruction No. 701 — Establishes the form of communication and minimum requirements for technical certification by an independent qualified company for virtual asset service provision

This Normative Instruction establishes the communication procedures and minimum requirements for the technical certification that must accompany an institution's expression of interest in providing virtual asset intermediation and custody services in Brazil. Institutions must register/update information in Unicad and submit a technical certification, prepared by an independent qualified company, via the APS-Siscom system. The certification must be a conclusive opinion asserting the institution's adequacy across 17 specific areas, including asset segregation, proof of reserves, relevant contracted services, recovery plans, AML/CFT, cybersecurity, and internal controls, and must also verify adequate information disclosure to clients. This instruction enters into force on February 2, 2026.

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NORMATIVE INSTRUCTION
BCB No. 701, OF JANUARY 22, 2026

Establishes the form of communication and the minimum requirements to be observed in the preparation, by an independent qualified company, of technical certification that accompanies the communication of interest in providing virtual asset services in the Country, as referred to in BCB Resolution No. 520, of November 10, 2025.

The Head of the Department of Supervision of Cooperatives and Non-Banking Institutions (Desuc), the Acting Head of the Banking Supervision Department (Desup), and the Head of the Conduct Supervision Department (Decon), in the use of the attribution conferred upon them by art. 23 of the Internal Regulations of the Central Bank of Brazil, annexed to BCB Resolution No. 340, of September 21, 2023, and in view of the provisions of BCB Resolution No. 520, of November 10, 2025,

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Lineage: In force

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Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works