According to Odaily, Brazil's Securities and Exchange Commission (CVM) is currently investigating the country's tokenization activities. Local media reports indicate that the CVM has sent letters to several companies providing tokenization services to third parties, requesting data related to their operations and the types of tokens issued in these activities.
The inquiries in these letters focus on several aspects, including the number of tokenization operations completed by each company, the names of the assets supporting these operations, and the classification of these tokens, whether they are utility tokens, payment tokens, or securities.
