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Menos ego. Mais leitura de mercado.
sábado , 14 fevereiro 2026
Início Regulação Estabilidade e Crime: Como 2025 Moldou o Cenário Regulatório das Criptomoedas
Regulação

Estabilidade e Crime: Como 2025 Moldou o Cenário Regulatório das Criptomoedas

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Conteúdo informativo e contextual. Não constitui recomendação de investimento.

O ano de 2025 representou uma virada estrutural na forma como reguladores e instituições interagem com ativos digitais, com os stablecoins ocupando o centro das atenções. Enquanto o Bitcoin mantém cerca de metade da capitalização total do mercado, os stablecoins agora respondem por mais de 50% de todos os volumes transacionais onchain globalmente.

Segundo Matthias Bauer-Langgartner, chefe de política para a Europa da Chainalysis, “2025 tem sido um ano dos stablecoins”. Seu crescimento os tornou atrativos tanto para casos de uso legítimos quanto para atividades ilícitas. Criminosos preferem stablecoins por sua liquidez, acessibilidade global e por evitarem a volatilidade.

No entanto, essa mesma estrutura cria ferramentas de fiscalização. “Emissores centralizados de stablecoins normalmente têm a capacidade de congelar ou até queimar stablecoins”, destacou Bauer-Langgartner, chamando isso de “uma ferramenta extremamente poderosa para combater crimes financeiros”.

2025 também marcou uma mudança em direção a atividades cripto ligadas a estados-nação. A Chainalysis registrou US$ 154 bilhões em fluxos ilícitos de criptomoedas, um aumento de 162% em relação ao ano anterior. Muito desse crescimento foi impulsionado por atores estatais que facilitam o uso de criptomoedas para atividades ilícitas em nível profissional.

Apesar do aumento, Bauer-Langgartner ressaltou que a atividade ilícita ainda representa menos de 1% da atividade geral, sublinhando o desafio que os reguladores enfrentam à medida que a adoção acelera.

No cenário observado neste período, a implementação contínua do Regulamento de Mercados de Criptoativos na Europa e outros frameworks globais está criando uma indústria mais estruturada. Para investidores e usuários, isso significa um ambiente mais previsível, mas também com maior vigilância e controle sobre transações, especialmente envolvendo stablecoins.

Este conteúdo é informativo, não é recomendação de investimento.

Nota editorial: mercados envolvem risco. Faça sua própria avaliação antes de qualquer decisão.

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