Brazilian Financial Regulator Co-launches Crypto Glossary
The CVM, Brazil’s markets regulator, has co-launched a glossary of crypto-related terms in a bid to “standardize” terminology in the Latin American nation.
The glossary was co-compiled and published by the Brazilian Cryptoeconomics Association (ABCripto), a crypto industry group.
Per the Portuguese-language media outlet Criptofacil, the CVM’s Education and Financial Inclusion Director Paulo Portinho said the glossary would help people “understand technical terms related to new financial technologies.” Portinho said:
“The glossary is in line with the work that the CVM has been doing to […] make [crypto-related] language clearer and simpler. We are focusing on facilitating knowledge and rapprochement with individual investors […].”
ABCripto wrote that the resource was “developed to offer a comprehensive guide to terms related to […] cryptocurrencies, digital assets, tokenization, and related areas.” The group added:
“Our main objective is to establish standardization in language. We wanted to make it accessible and understandable to everyone.”
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