The Brazilian Central Bank requires exchanges to delay large-value cryptocurrency transfers abroad
2026-08-08 23:31:07
According to CoinMeta, the Central Bank of Brazil will require crypto exchanges to delay transfers by some customers to overseas platforms and self-hosted wallets for up to 24 hours, as part of new anti-fraud regulations. This requirement will take effect on January 1, 2027, and applies to customers who deposit Brazilian real currency or cryptocurrencies with the exchanges and then attempt to transfer funds to overseas accounts or wallets under their control. Transfers exceeding $10,000, whether in a single transaction or multiple transactions on the same day, must comply with this rule. The Central Bank of Brazil stated that cryptocurrencies, including stablecoins, are being used to transfer funds obtained through financial fraud, in order to carry out such transfers before victims or institutions have the chance to recover them.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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