The Bitcoin Market announced this Friday (16) the acquisition of the Exchange, Titles and Securities Broker (CCTVM) from Banco Mercantil. The operation was authorized by the Central Bank of Brazil and awaits formal publication of approval in the Official Gazette.
With the deal, Mercado Bitcoin expands its operations in regulated activities, such as bonds, securities and exchange, in addition to digital assets. The company reported that the transaction expands options to a base of more than 4 million customers. For Mercantil brokerage clients, the change includes access to crypto assets.
The announcement comes on the eve of the entry into force of the new regulatory framework for the virtual assets market in Brazil, which comes into force in February. , place crypto companies within the regulated structure of the financial system, by requiring authorization to operate, formal governance standards, internal controls and segregation between own and client resources.
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In practice, the rules bring the operation of cryptocurrency exchanges closer to that of traditional financial institutions, by subjecting them to direct supervision by the Central Bank and obligations similar to those applied to banks and brokers. The new framework also disciplines.
In a statement, the chairman of Mercado Bitcoin, Roberto Dagnoni, stated that the acquisition is aligned with this new regulatory environment. “This acquisition represents another step in building a complete investment ecosystem, reinforcing the integration between the traditional market and the digital economy,” said the executive.
With the operation, CCTVM becomes part of the set of regulated companies in the Mercado Bitcoin group, which includes a payment institution, securities administrator and participatory investment platform, all under the supervision of the Central Bank and the Securities and Exchange Commission.
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