Brazil’s central bank has ordered cryptocurrency exchanges to impose a 24-hour delay on large or high-risk transfers abroad, including to self-custody wallets, starting January 1, 2027, for transactions above $10,000. The delay, established under Resolution BCB No. 584/2026, targets the rapid movement of fraud-related funds, including those using stablecoins, and requires exchanges to assess customer, transaction, counterparty, and destination jurisdiction risks. Exchanges must document risk decisions, notify customers of holds, and adapt compliance systems, while critics warn of extra costs, slower settlements, and potential disadvantages for Brazilian platforms compared with foreign competitors in cross-border crypto activity.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.