Brazil CVM Forms Tokenization Group to Draft Experimental Framework Within 60 Days
2026-07-20 18:05

Woofun AI reports that the Brazilian Securities Commission (CVM) established the Security Tokenization Working Group (GTT) on July 17, 2026. The group aims to research and develop regulatory frameworks for Distributed Ledger Technology (DLT), covering securities registration, custody, trading, and clearing. Comprising representatives from 14 CVM departments, the GTT will invite government agencies, self-regulatory organizations, and market experts. Its initial mandate lasts 120 days, extendable by 30 days, with the primary objective of submitting an experimental regulatory framework proposal to the CVM committee within 60 days of its formation.

CVM Chairman Otto Lobo described tokenization as a significant structural change in capital markets, necessitating innovative regulatory responses.

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