In a report published on 12 November 2026 at 10:46 UTC+8, ChainCatcher cited Brazilian outlet Portal do Bitcoin as reporting that Ailton de Aquino Santos, a supervisory director at Brazil’s central bank, said about 30% of crypto-asset service provider licence applications did not meet regulatory registered-capital requirements. He also said many applicants had not submitted audited financial statements.
The central bank had previously disclosed 120 crypto licence applications: 119 remained under review, while one had been rejected. Under the new rules, the minimum capital requirement for crypto trading and intermediary service providers can reach 37.2 million reais (about US$7 million).
The regulator had not identified the applicants with capital shortfalls. The roughly 30% figure does not mean the same proportion of applications will ultimately be rejected.