New regulations will introduce a 24-hour delay for cryptocurrency transfers, aiming to combat illicit finance.
The Brazil central bank is set to implement new rules governing the movement of cryptocurrencies across international borders. From January 1, 2027, crypto exchanges will be required to delay customer transfers to foreign platforms and self-custody wallets. This intervention applies when a client deposits Brazilian reais or cryptocurrency with an exchange intending to send those funds abroad or directly to a wallet they control.
The governing body, Brazil’s central bank, has published Resolution BCB No. 584/2026 outlining the specifics of this initiative, effective August 7, 2026. Transfers exceeding the equivalent of $10,000 will be subject to a mandatory hold period of up to 24 hours. Smaller transfers could also face delays if flagged by an exchange as potentially risky.
The move reflects concerns regarding the increasing use of cryptocurrencies in facilitating financial fraud. Exchanges will retain the ability to release a transfer before the 24-hour timeframe provided their risk review indicates no wrongdoing. The rules apply to all cryptocurrencies, including stablecoins.
Written by Rebecca Shaw
Industry Desk
