Brazil Tightens Rules on Overseas Digital-Asset Transfers With 24-Hour Holds
Summary
- Brazil’s central bank said it will introduce rules allowing overseas transfers of digital assets and withdrawals to self-custody wallets to be held for up to 24 hours.
- The rule mandates a hold when transfers of digital assets exceed $10,000 in a single day.
- Brazil’s central bank said digital assets, including stablecoins, are being used to move funds tied to financial fraud.
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Brazil will introduce rules allowing exchanges to hold certain overseas digital-asset transfers for up to 24 hours as part of efforts to prevent financial fraud.
CoinDesk reported on August 9 that Brazil’s central bank, in Resolution BCB No. 584/2026 announced on August 7, ordered digital-asset exchanges to hold some international transfers and withdrawals to self-custody wallets for as long as 24 hours. The rule takes effect on January 1.
The measure applies when users deposit Brazilian reais or digital assets into an exchange and then transfer them to an overseas platform or to a self-custody wallet they control.
A hold is mandatory when assets worth more than $10,000 are transferred through a single transaction or multiple transactions in one day. Transfers of $10,000 or less may also be delayed if an exchange deems them risky.
Brazil’s central bank said it adopted the rule because digital assets, including stablecoins, are being used to move funds obtained through financial fraud before victims or financial institutions can recover them.
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