Brazil sets 24-hour hold on $10,000 crypto transfers

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 actions. Brazil’s latest rule follows broader 2026 measures covering licensing capital audits and cross-border crypto activity. Banco Central do Brasil published Resolution BCB No. 584 on Aug. 7, covering transfers above $10,000 destined for foreign crypto providers or self-custody wallets. JUST IN: Brazil’s central bank plans 24-hour delay on crypto transfers over $10,000The anti-fraud rule targets moves to foreign exchanges and self-custody wallets pic.twitter.com/wxGMpKMMmO— crypto.news (@cryptodotnews) August 9, 2026 The ...