63 private companies and institutions apply... Brazil closes applications for crypto asset licenses

Brazil's virtual asset service provider (VASP) authorization application window closed on October 30, with a private tally counting 63 companies and institutions as applicants, though the Brazilian central bank has not released its official final total. According to Brazilian business outlet Exame, the figure combines 62 applications tracked by the Cainvest SPSAV Monitor plus one from crypto exchange Bitget, making it a deadline-day count based on a private tracking tool rather than official data. An earlier tally of "about 40" applicants, published on the afternoon of October 29 by crypto media outlet Livecoins, included not only authorization requests but also regulatory filings and procedural movements, so the two figures differ in both timing and scope and cannot be compared as final application counts. The outcome matters because the central bank's authorization will determine which firms can legally operate as crypto service providers in Brazil, one of Latin America's largest crypto markets, with the applicant pool reportedly including major global exchanges alongside domestic players. A subsequent tally of 67 applicants has since surfaced, and the key item to watch is the central bank's official final count and its decisions on which applicants receive authorization.