Odaily reports that Brazilian Federal Deputy Lincoln Portela has proposed Bill No. 2.901/2026, which suggests establishing a national framework for fintech and digital financial platforms, creating a permanent regulatory sandbox system for testing blockchain technology and asset tokenization, to be supervised by the Central Bank of Brazil. The bill stipulates that regulatory requirements should be proportionate to the company's size, allowing small fintech startups to apply simplified standards, and prohibits the government from imposing bureaucratic procedures or obligations that are incompatible with the digital nature of the crypto asset market.

The scope of sandbox testing includes financial flow tracking, AI credit applications, and programmable payment practices. The bill also allows companies to share network infrastructure and institutional adaptation databases, subject to compliance with data protection regulations. The cooperation mechanism is used to combat financial crimes in cryptocurrency transactions, facilitate customer identification, and enhance cybersecurity.

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