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Brazil Implements 24-Hour Delay on Large Cryptocurrency Transfers to Combat Fraud
Brazil’s central bank has announced a mandatory delay of up to 24 hours for large cryptocurrency transfers, a measure set to take effect in 2027. This new regulation targets transfers exceeding $10,000, specifically those destined for overseas virtual asset firms or self-custody wallets. The policy aims to significantly impede the rapid movement of illicit funds,…
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