Brazil’s central bank has ordered virtual asset service providers to hold certain crypto transfers for up to 24 hours from Jan. 1, 2027, adding a new anti-fraud layer to the country’s expanding digital asset rulebook.
Summary
- Brazil will require 24-hour holds on qualifying crypto transfers above $10,000 beginning January 1, 2027.
- Transfers to overseas crypto providers and self-custody wallets fall within the central bank’s new safeguards.
- Providers may release transfers early after completing risk reviews under parameters established by Brazil’s regulator.
- Virtual asset providers must notify customers and maintain records covering fraud attempts and corrective…
