Brazil Orders VASP Licenses by October as Stablecoin Treasury Settlement Goes Live

Regulatory Trend: Real Compliance Era Begins

Brazil's Central Bank set October 30, 2026 as the authorization deadline for virtual asset service providers. The $318.8 billion on-chain market over twelve months to June 2025 ranks fifth globally for crypto adoption. Nearly one-third of Latin American activity flowed through Brazilian wallets—double Argentina and Mexico combined. About 120 providers currently serve the market without formal licensing.

The regime requires companies to file with an independent "reasonable assurance report" from an audit firm confirming anti-money-laundering controls work. Minimum capital ranges from R$10.8 million to R$37.2 million ($2 million to $6.7 million). Foreign firms operating offshore must bring operations onshore within 270 days.

Russia's central bank proposed allowing Bitcoin, Ether and USDT trade on regulated exchanges under rules signed by President Vladimir Putin on August 4. Non-qualified investors face 300,000 Russian rubles ($3,650) annual purchase limits per intermediary. All investors must pass risk tests before transacting.

The White House committed to pushing the CLARITY Act through by September despite Senate delays. TD Cowen estimates only 25% probability of passage before year-end given approximately 36 remaining workdays.

Circle's USDC recorded 48% trading volume increase in EU post-MiCA. Yearly transaction volume reached $18.3 trillion.

Decta UK will use USDC via OpenPayd infrastructure for international treasury settlement. This is proprietary company funds conversion rather than customer-facing payment flows. Scott Dawson, Decta UK CEO, stated it improves speed and resilience across 32 country operations.

Payment Integration Moves Into Corporate Treasury

Traditional payments platform Decta operates across 32 countries serving hundreds of businesses. Its integration with OpenPayd represents stablecoins entering back-end treasury operations without becoming part of customer-facing services.

OpenPayd secured MiCA authorization in June enabling crypto services across European Economic Area including fiat-to-stablecoin on-ramps. Client list includes Kraken, eToro, OKX and B2C2.

MoneyGram expanded crypto-cash services to Solana network allowing Solana wallets and applications to access its global cash network. Rift became first integrated wallet provider.

[Sources]
https://decrypt.co/375249/brazils-319b-crypto-market-faces-october-licensing-deadline-certik
https://cointelegraph.com/news/bank-of-russia-trading-bitcoin-ether-tether-usdt
https://cointelegraph.com/news/payments-platform-decta-explores-stablecoin-enabled-treasury-settlement
https://www.coindesk.com/policy/2026/08/11/u-s-sec-sets-meeting-to-propose-reg-crypto-to-support-certain-digital-assets-offerings
https://cointelegraph.com/news/white-house-clarity-across-finish-line-september
https://www.coindesk.com/business/2026/08/10/moneygram-expands-on-solana-with-global-crypto-to-cash-service

https://decrypt.co/375249/brazils-319b-crypto-market-faces-october-licensing-deadline-certik
https://cointelegraph.com/news/bank-of-russia-trading-bitcoin-ether-tether-usdt
https://cointelegraph.com/news/payments-platform-decta-explores-stablecoin-enabled-treasury-settlement
https://www.coindesk.com/policy/2026/08/11/u-s-sec-sets-meeting-to-propose-reg-crypto-to-support-certain-digital-assets-offerings
https://cointelegraph.com/news/white-house-clarity-across-finish-line-september
https://www.coindesk.com/business/2026/08/10/moneygram-expands-on-solana-with-global-crypto-to-cash-service