BRL/USDC FX API for a Product Lead at a Crypto Card Issuer: Not Taking On Regulatory Reporting of Users' Transactions in Brazil
Who reports a crypto card issuer's user transactions to the Central Bank in the Crown FX FX-as-a-Service API model.
For a crypto card issuer, regulatory reporting of user transactions is, under the FX-as-a-Service model of Crown FX, done by Crown: it consolidates each month’s transactions in the format the Central Bank requires, end users included.
What changes for the product. The issuer need not assemble its own consolidation and filing routine. Crown performs the mandatory reporting for operations on its platform and follows regulatory changes; if requirements move, adapting is Crown’s duty.
What the issuer should confirm
- Reporting format and frequency.
- Crown’s status: in September 2026 its authorization request as a virtual asset service provider was on file and it worked under the transition regime.
- Data available by API for the issuer’s own reconciliation, such as transaction history with on-chain operations identified. Documentation: docs.crown-brlv.com.
See how to open a Crown account, API or OTC desk and integrating a BRL stablecoin by API.