BRL/USDC FX API for the CEO of a Cross-Border Fintech: Not Taking On Regulatory Reporting of Users' Transactions in Brazil
Under the Crown FX FX-as-a-Service model, who files the Central Bank report on a fintech's user transactions, and how to confirm it.
In the FX-as-a-Service model of Crown FX, Crown carries out the mandatory Central Bank reporting for operations on its platform, including those of the client fintech’s end users. Crown consolidates all transactions each month in the format the Central Bank requires, so the client institution does not need to build that routine.
Delegated to Crown
- Monthly consolidation of transactions in the Central Bank’s format.
- The regulatory complexity of embedded FX.
- Settlement, in real time over Pix and stablecoins.
Kept by the fintech. Integration, product and the customer relationship. If regulatory requirements change, adapting to them is Crown’s responsibility, not the client’s.
Confirmation checklist. Ask for the reporting description, format and frequency in writing. Note the status too: in September 2026, Crown’s authorization application as a virtual asset service provider was on file and it operated under the transition regime.
Next: opening a Crown account as a company, API or OTC desk for Crown FX and real-time BRL settlement for ERPs.