Coinbase initiated decentralized exchange (DEX) trading in Brazil on November 19, 2025, in compliance with new central bank regulations requiring licensing and reporting for cryptocurrency firms. This strategic move by Coinbase has the potential to significantly reshape the Brazilian cryptocurrency landscape by expanding user access to Ethereum-based assets. The introduction of new trading routes is also anticipated to affect prominent tokens such as ETH and UNI.
Coinbase has launched decentralized exchange (DEX) trading in Brazil, responding to new central bank regulations. The rollout aligns with moves from other emerging markets to require licensing and reporting for crypto firms. Coinbase, led by CEO Brian Armstrong, announced that DEX trading is progressively available to Brazilian users. This action reflects the company's strategy to expand its offerings and comply with regional regulatory standards.
Brazil's New Regulations Shape Crypto Market Landscape
The launch allows Brazilian users to trade Base-native and Ethereum assets through the Coinbase app. While the immediate financial impact remains unspecified, enhanced access is anticipated to boost on-chain activity for integrated protocols. Brazil's central bank mandates reporting and capitalization thresholds, fostering a standardized oversight environment. Historically, DEX rollouts like this increase on-chain activity and altcoin trading volume in supported protocols such as Uniswap and Aerodrome.
Experts Predict Boost in Regional Crypto Adoption
Previously, Coinbase enabled DEX trading in the U.S., increasing activity for protocols like Uniswap. Similar past regulations in India and the EU ensured better integration of crypto service providers in traditional financial systems. Experts from Kanalcoin suggest the Brazilian DEX launch could enhance regional crypto adoption, paralleling historical trends of increased user access and protocol trading volumes. Standardized regulations provide a robust framework for future expansions.