According to CoinMeta, and as reported by an early issuer of in, the report "intel3d: PSAV and Brazil's New Security Standards" published by CertiK indicates that as the deadline for authorization applications set by the Brazilian Central Bank approaches, compliance and security certifications issued by independent third parties have become a market entry requirement for virtual asset service providers. Brazil currently ranks fifth in the world in terms of the actual adoption rate of crypto assets. It is estimated that between 2024 and 2025, the value of blockchain assets received in Brazil will reach $318.8 billion, accounting for nearly one-third of blockchain activities in South America during that period.