CoinDesk·3 min read·medium
Brazil's central bank orders exchanges to delay large crypto transfers abroad
F
Francisco Rodrigues
✦AI Summary
Brazil's central bank has mandated that crypto exchanges must hold large international transfers exceeding $10,000 for up to 24 hours to prevent financial fraud. The regulation, effective in 2027, aims to curb the use of digital assets in money laundering and illicit activities.
The requirement takes effect Jan. 1, 2027 under Resolution BCB No. 584/2026 , published Aug. 7.
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