Resolution 520

Resolution 520 is a regulatory framework issued by Brazil’s central bank that entered into force on Feb. 2, 2026. It permits banks that were already engaged in cryptocurrency activities to notify the regulator within 270 days, providing an independent technical certification that the banks meet operational, security and compliance requirements. A missed notification deadline requires the bank to stop crypto services within 30 days. The resolution also applies to dedicated virtual‑asset service providers (VASPs); they must seek operating authorization within the same 270‑day window. The deadline for both notification and authorization is Oct. 30, 2026. The framework classifies services such as trading and custody under a brokerage licence, allowing institutions like Itaú Unibanco to formalise crypto trading and custody operations under the new rules. Central Bank of Brazil published Resolution 520· Entity summary generated by Graphiti