Token Taxonomy vs. Brazil Crackdown: The Battle Over Crypto Sovereignty

The U.S. and Brazil just revealed two competing models for the future of digital assets.
In the United States, the SEC is preparing a formal token taxonomy, potentially clarifying when a token is a security, commodity, or utility. In Brazil, regulators are imposing one of the strictest crypto regimes in Latin America, treating stablecoins as foreign exchange and requiring banking-style licensing for all service providers.

This episode maps both approaches to the Sovereign Stack, analyzing the Value Layer, Governance Layer, and the Sovereignty Metrics of Exit Ability, Portability, and Accountable Autonomy.

If you’re building in crypto, AI, or digital identity, this regulatory divergence will define your operational terrain.