November 23, 2024

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Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations

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Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization OperationsThe Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According to local reports, these letters require issuers to disclose which tokens were issued, their purported classification, and the assets supporting the issuance of such tokens. Brazilian Securities Regulator CVM Investigates Tokenization Companies’ Activities The Brazilian […]