Global Mobility News  | Brazil

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Brazil’s Central Bank Bans Crypto Settlement in Official Cross-Border Payment Rails

Brazil’s Central Bank Bans Crypto Settlement in Official Cross-Border Payment Rails

Resolution BCB 521, published on 2 May 2026, bars Brazilian eFX providers from using crypto or stable-coins to settle cross-border transfers, forcing all regulated remittances back onto fiat rails. The move targets 90 % of crypto-linked remittances and could raise costs and processing times for expatriate payroll and relocation expenses. Companies should audit payment partners and prepare for higher compliance requirements.

May 3, 2026
New OBMigra Report Counts Over 2 Million Foreign Residents in Brazil and Flags Integration Gaps

New OBMigra Report Counts Over 2 Million Foreign Residents in Brazil and Flags Integration Gaps

A fresh OBMigra report published on 2 May 2026 finds that Brazil now hosts more than 2 million migrants and refugees, led by 680 000 Venezuelans. While formal employment among migrants is growing, the study warns of integration shortfalls and urges accelerated diploma recognition and stronger local-government funding.

May 3, 2026
Europe’s New App-Based Border System Goes Live – What Brazilian Travellers Need to Know

Europe’s New App-Based Border System Goes Live – What Brazilian Travellers Need to Know

Europe has activated a QR-code-based Entry/Exit System that replaces passport stamps for visa-free visitors, including Brazilians. Travellers must register online before departure and will undergo biometric checks on arrival. The change promises faster queues but requires new pre-trip compliance steps for business and leisure travellers alike.

May 3, 2026

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