Published Aug 9, 2026, 1:03 PM ET · Updated 3 months ago · 2 sources
THE BLOCK: Brazil's central bank will require crypto firms to wait 24 hours after customers fund their accounts before processing some transfers to self-custody wallets or foreign crypto firms. The rule takes effect Jan. 1, 2027, and applies when a single transfer or daily totalof crypto or stablecoins exceeds $10,000, as well as to smaller transfers flagged by risk controls.
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Original Report
THE BLOCK: Brazil's central bank will require crypto firms to wait 24 hours after customers fund their accounts before processing some transfers to self-custody wallets or foreign crypto firms. The rule takes effect Jan. 1, 2027, and applies when a single transfer or daily totalof crypto or stablecoins exceeds $10,000, as well as to smaller transfers flagged by risk controls.