Experimental Regulation in Brazil: Between Expectations and International Evidence
The Financial Conduct Authority (FCA) proposed the regulatory sandbox concept to the UK Treasury in 2015 to foster fintech innovation post-2008 crisis.
Banco Central do Brasil
Central bank · BR · 13 documents
Key number
35%% of regional GDP
SME credit gap in Latin America. Revista Brasileira de Políticas Públicas p.19
Key number
6.1%
Annual growth rate of FDI in US dollars. Asia Pacific Economic and Management Review p.1
Beyond Kelsen and the Boi Gordo Case: The Pyramid of Responsive Regulation as a New Paradigm for Cryptoactives in the Brazilian Capital Markets
Formal legal subsumption fails to fully address decentralized finance, tokens, and autonomous organizations, requiring criteria based on agent behavior, risk, and proportional state response [p.1].
The Dependence on Banking as a Service in White Label Fintechs: Impacts on Security and Operational Continuity in Brazil
A study recorded 3,069 fintechs in Latin America and the Caribbean at the end of 2023, up from 703 in 2017.
Security and Privacy in Digital Payments: Blockchain, PIX, and Central Bank Digital Currencies (CBDCs)
The systematic review synthesises 50 highly relevant studies selected from a total pool of 615 candidate records published between 2014 and 2025.
Business Sentiment and FDI Dynamics in Brazil: An Econometric Assessment of Investor Confidence, 2000–2025
Brazilian Business Outlook declined significantly between 2000 and 2025 at −0.42 points per year (p = 0.005).
Crypto-Assets and the Need for International Regulatory Harmonization: Challenges for the Prevention of Money Laundering and for the Legal Certainty of Global Financial Markets
Cryptoasset seizures in criminal investigations by Brazil's Federal Police reached a record R$ 71 million in 2025.
The Brazilian Private Banking Paradox: Growing Profits and the Contraction of the Physical Branch Network (2014-2025)
In 2024, private banks closed 856 physical branch units across Brazil.
Retail Investors and Crowdfunding Platforms in Chile: Risks, Opportunities, and Regulatory Challenges
The fintech ecosystem in Latin America and the Caribbean grew by 112% over three years, expanding from 1,166 platforms in 2018 to 2,482 in 2021.
Central Bank Exploration of Tokenized Reserves
The note categorizes single-ledger arrangements into 4 operating models: integration, distribution, separation, and permissionless.
G20 Roadmap for Enhancing Cross Border Payments: Scorecard report on direct access and price transparency
Eight G20 members achieved the full 5/5 direct access rating for non-bank payment service providers (NBPSPs) in 2025.
G20 Roadmap for Enhancing Cross Border Payments: Scorecard Report on Direct Access and Price Transparency
Research by Consumers International indicates that 57% of consumer bodies cite a lack of fee transparency as a primary reason behind consumer distrust in digital finance.
G20 Roadmap for Enhancing Cross Border Payments: Scorecard Report on Direct Access and Price Transparency
The G20 Roadmap for Enhancing Cross-Border Payments (2020 - 2027) focuses on 5 main priority focus areas divided into 19 building blocks.
The Rise of Payment and Contracting Platforms
The IMF mandate is governed by the central banks and finance ministries of 190 member countries.