Brazil to tighten crypto transfer rules with up to 24-hour delay over $10K

Brazil plans to tighten rules on crypto transfers, requiring delays of up to 24 hours for transactions exceeding $10,000, Unfolded reported. Brazil’s central bank plans to mandate the delay starting in 2027 when cryptocurrency transfers to overseas virtual asset service providers or self-custody wallets exceed $10,000 per transaction or in cumulative daily volume. The measure is intended to strengthen screening of crypto transfers to curb fraud and illicit fund movements involving stablecoins and virtual assets, according to the media outlet.