Carlos Eduardo Russo

Carlos Eduardo Russo, CEO of BlueGreen, and Cesar Carvalho, a Partner at Batista Luz Advogados, discuss the groundbreaking VASP regulations in Brazil. They explore the phased authorization process and significant capital requirements, which range between R$11-37 million. The integration of stablecoins into Brazil’s FX market adds a new layer of complexity. They also address concerns about old and new entities competing fairly under the new rules and highlight the implications for neobanks and crypto cards. Their insider insights reveal what’s next for the industry.