What's happening in Brazil regarding cryptocurrencies is far too complicated. Honestly, it makes me want to give up on everything and become an Instagram and TikTok butcher.

I wish I had breasts and a butt so I could show them off on social media (sorry to the women for this grotesque comment) to scam people or open an OnlyFans and show off my barrel-shaped, toned body, because it seems that's more ethical and correct than working with cryptocurrencies.

Today is just anger, outrage, and a little hatred.

The Central Bank of Brazil published 3 resolutions today (BCB 519, 520, and 521) which, as I understand it, will come into effect on February 2, 2026.

Among the changes (BC = Central Bank of Brazil):

Every transfer to a self-custody wallet? The BC will know.
Every international payment with crypto? Reported to the BC.
Every stablecoin transaction? Treated as traditional currency exchange.

"Mandatory identification of the owner" of self-custody wallets.
That's right. You transfer Bitcoin from the exchange to YOUR cold storage wallet? The exchange is REQUIRED to identify you and report the transaction to the Central Bank.
Source

With this, they will monitor everything, even cold wallets, meaning they will have a kind of database with everything about you, including your CPF (Brazilian taxpayer ID), which is the identification code for Brazilians, so to speak.

They will track everything, know where you live, your contact information, your accounts, your investments, EVERYTHING! EVERYTHING! THIS DAMN GOVERNMENT IS TRASH.

VALUE LIMITS:
International crypto transfers via Brazilian exchanges?

• US$ 100,000 for brokers (SPSAVs)
• US$ 500,000 for traditional banks
  Do you understand the message? "Use banks, don't use crypto."
  Source

In this way, forcing you to go back to using traditional banks, because they impose a limit on transfers through exchanges, sending a clear message that we should go back to using banks, of course, the great friends of governments that mistreat the population with their interest rates, fine print and everything else.

ABSURD ENTRY BARRIER:
Minimum capital to open an exchange in Brazil: R$ 10.8 MILLION to R$ 37.2 MILLION.
Think about what this means:

• Innovative startups? Eliminated.
• Competition? Dead.
• Who survives? Already established giants and banks.
  Source

Therefore, startups would be destroyed, there wouldn't be multiple cryptocurrency exchange points, and we would become hostages of the large brokers. Fewer exchange points, easier to control and know what each individual is doing. We are being treated like criminals!

Having cryptocurrencies has become a crime, I'm carrying virtual anthrax (I don't know the correct name for this shit), I'm a cyber terrorist just trying to live in a fucked-up country, full of taxes, and with a family to support.

Will they send the police to my door? Confiscate my cell phone? My Hive account? This is insane, meanwhile there are thousands of BETs, which are betting houses, making the poor, broke, spend what little they have on gambling, handing over their money and thus becoming more indebted.

Perhaps even the @pixbee project of our friend @vaipraonde will be dragged up because of this, since it was a mega-important project for us Brazilians because it allowed us to directly exchange $HIVE and HBD for reais and make a PIX transfer to our accounts.

I might be worrying prematurely, right? Maybe these changes will be reversed? I don't know! But we need to put pressure on them, somehow show our protest. Those who work honestly with crypto aren't criminals!

In the end, I hate this SHITTY, TRASH, THIEVING LEFTIST GOVERNMENT that does everything to tax us, to make our lives difficult, while they live the good life, stealing from the people, traveling up and down with public money.

Maybe it's better to start learning how to do dances on TikTok, then I'll be able to earn money to pay my bills! My God, what a complicated time for all of us.

THIS GOVERNMENT IS TRASH, FUCK THIS BRAZIL, TRASH COUNTRY, WITH THIS TRASH GOVERNMENT.