Brazil Crypto Compliance Shifts to Mandatory Third-Party Audits Ahead of October Deadline

With Brazil's central bank deadline approaching, independent security certifications become mandatory for PSAVs. On-chain volume hit $318.8B as stablecoins dominate 80% of transactions.

Woofun AI reports that CertiK released a report titled 'Intel3D: PSAV and Brazil's New Security Standards,' noting that independent third-party compliance certifications are transitioning from best practices to essential market access requirements. As the October 30 deadline for central bank approval applications nears, local virtual asset service providers are executing concentrated compliance adjustments, with CertiK already conducting audits aligned with Regulatory Instruction No. 701.

Brazil ranks fifth globally in crypto adoption, processing $318.8 billion in on-chain assets between June 2024 and June 2025, representing nearly one-third of South America's total activity. Stablecoins constitute approximately 80% of all crypto transactions reported to the Brazilian Federal Tax Service, underscoring their role as critical infrastructure within the regulated digital asset ecosystem.