Wu said that the Central Bank of Brazil (BCB) has released a regulatory draft on the accounting treatment standards for virtual assets and utility tokens, and has launched a two month public consultation. The new regulations apply to all financial institutions authorized by BCB, covering the initial recognition of assets, subsequent measurement, accounting treatment of owned and custodial assets, and disclosure requirements for notes. The public can submit feedback through the central bank or government platform before August 24th. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44619