The Brazilian Federation of Stock Exchanges (CVM) has instructed the local exchange Mercado Bitcoin to publish details of some tokens that have been publicly issued in the past few years. The Estadao newspaper reported this on Tuesday and emphasized that the tokens involved are fixed income tokens.

The report does not disclose the name of the token, but detailed information shows that the token is supported by real assets and sold through DLT. In addition, they are described as high return, medium and low risk, and are closely related to power energy units.

Some people are worried that the securities regulatory authority is carrying out a final ruling on the case of Mercado Bitcoin's violation of the security rules. However, the executives of the exchange denied this view, saying that they fully complied with the current laws of China.

A statement released by the Exchange said: "We have not publicly issued securities outside the scope of certification as authorized crowdfunding websites and investment managers.".

Mercado Bitcoin's statement indicates that it looks forward to working with CVM and the National Central Bank to introduce its quota system into the industry's "basic construction of policies and regulations". In order to comply with CVM's order, Mercado Bitcoin will share information about the amount of money raised from the sale of the relevant token market and the comprehensive list of investors who purchase tokens.

In terms of trading volume, Mercado BTC is the largest exchange in Brazil and has a very large market share in the South American market. The company previously released a plan to enter the Mexican market later this year to see how this plan violates the laws and regulations of North America.

The Hot Era of Mercado Bitcoin

The head office of Mercado Bitcoin, 2TM, has experienced a sultry season that jeopardized the financial situation of controlled investment. In order to cope with the harmful macroeconomic situation, 2TM had to make a 15% layoff, which was also his second layoff in 2022.

The enterprise criticized the Brazilian regulatory authorities for not accelerating the speed of digital currency laws, and felt that it also created a beneficial natural environment for participants in the field.

A statement said: "Without the permission of the legal framework for crypto assets, the setback of economic development continues. The industry environment has changed once again, which is unreasonable. Players who abide by laws and regulations will be punished for ignoring local rules."

The event in 2022 broke the peak of the previous year. Mercado Bitcoin raised $200 million from Softbank investment and gained the influence of Unicorn.