USDC Liquidity Partner for a Director at an FX Dealer: Operating Stablecoins Within Central Bank Rules in Brazil
What the director of an FX dealer checks before operating stablecoins within Central Bank rules with Crown FX: framework, controls and reporting.
To operate stablecoins within Central Bank rules with someone you can rely on, an FX dealer should check three things: the rulebook, the partner’s status and the controls it applies.
Rulebook and status. Law 14,478/2022, Decree 11,563/2023 and Central Bank Resolutions 519, 520 and 521 of 10 November 2025. Resolution 521 covers foreign-exchange and international-capital operations with virtual assets. In September 2026 Crown had its authorization application on file, in the broker and dealer categories, and operated under the transition regime.
Controls and reporting. KYC and KYB with biometrics, sanctions and PEP screening, mapping of beneficial owners, assessment of source of funds and real-time on-chain monitoring. Crown performs all mandatory reporting to the Central Bank for operations on its platform.
See Liquidity Provider versus FX-as-a-Service, KYC and AML controls at a BRL stablecoin issuer and custody of client tokens.