Brazil Sets 24-Hour Delay for $10,000+ Transfers

The post Crypto Regulation News: Brazil Sets 24-Hour Delay for $10,000+ Transfers appeared first on Coinpedia Fintech News

Brazil is introducing tougher controls on large cryptocurrency transfers as regulators seek to prevent fraudsters from quickly moving illicit funds. The Central Bank of Brazil said certain crypto transfers above $10,000 will face a delay of up to 24 hours under new anti-fraud rules. The measure will take effect in 2027 and applies to transfers …

Source: https://coinpedia.org/news/crypto-regulation-news-brazil-sets-24-hour-delay-for-10000-transfers/