Brazil's Central Bank Orders Crypto Exchanges to Delay Transfers Abroad Exceeding $10,000 for Up to 24 Hours, Effective Jan. 1, 2027
The central bank's new anti-fraud rules, published on August 7, require exchanges to hold transfers to foreign platforms and self-custody wallets. This applies to single transactions or multiple transactions on the same day exceeding $10,000. Smaller transfers may also face delays if an exchange flags them as risky. The measure aims to combat the use of cryptocurrencies, including stablecoins, for moving funds obtained through financial fraud.
Source:CoinDesk · Source Link
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