Ripio applies for crypto broker license in Brazil ahead of deadline

The Argentine digital assets firm filed with Brazil's central bank days before the cutoff for existing operators Ripio has formally asked Brazil’s central bank for permission to keep doing business there. The Argentine digital assets firm filed for authorization as a virtual asset broker, along with clearance to operate in the foreign exchange market. The timing was tight. Ripio submitted its application on October 27, 2026, three days before the October 30 deadline for existing operators to fall in line with Brazil’s new regulatory framework. What Ripio is asking for The filing with the Banco Central do Brasil (BCB) covers several services at once. Ripio is seeking approval to provide intermediation, which means matching buyers and sellers, and custody, which means holding assets on behalf of customers. It also wants access to Brazil’s foreign exchange market. That would let it work where crypto meets traditional currency conversion, a zone regulators tend to watch closely. CEO Sebastian Serrano has framed the move as a statement of commitment. He confirmed the company will make whatever adjustments are needed to keep operating in Brazil within the rules. Ripio has served Brazilia...