O3 Trade files crypto license request with Brazil's central bank
BROBROK News · Based on reporting by Livecoins ·
Brazilian OTC firm O3 Trade said it has filed for authorization to operate as a Virtual Asset Service Provider with the Central Bank of Brazil. The request was submitted within the first transition-window deadline under the new regulatory framework. The company says it focuses on corporate clients and liquidity services, including use cases tied to international payments and receipts. Approval is still pending and depends on the central bank’s review.
Key points
- The filing was made during the first authorization phase under the transition regime.
- O3 Trade focuses on OTC services rather than retail exchange trading.
- The firm highlights corporate liquidity and cross-border payment use cases.
- O3 says it handled roughly 2.2 billion USDT from January to October 2026.
- Submitting the request does not mean the license has been granted.
Why it matters
The filing shows how crypto firms in Brazil are adapting to the Central Bank’s new rules. It could shape which providers are able to operate under stricter capital, governance and compliance requirements.
Original headline: “O3 Trade se junta a Coinbase, Ripple e Nubank na corrida pela licença cripto do Banco Central”
Read the original on Livecoins
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.