Brazil bill proposes permanent blockchain and tokenization sandbox under central bank

Brazilian federal deputy Lincoln Portela has introduced Bill No. 2.901/2026, a proposal to establish a national framework for fintech and digital finance. A central feature is a permanent regulatory sandbox for blockchain and asset tokenization trials overseen by the central bank. The bill also calls for proportionate rules and simplified standards for smaller startups, alongside data-sharing requirements and coordinated anti-financial-crime measures. Violations could draw fines of up to 20% of annual profit or revenue, adding an enforcement mechanism to the proposed framework.

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