{
  "id": 314281,
  "title": "Brazil's central bank orders exchanges to delay large crypto transfers abroad",
  "url": "https://urgent.news/2026/08/08/brazils-central-bank-orders-exchanges-to-delay-large-crypto-transfers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-08T15:25:38.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/08/08/brazil-s-central-bank-orders-exchanges-to-delay-large-crypto-transfers-abroad"
  },
  "original_language": "en",
  "account": "Brazil's central bank has issued new rules mandating crypto exchanges to delay substantial international transfers, particularly those involving fiat currency reais or cryptocurrencies, for up to 24 hours. This measure, set to commence on January 1, 2027, is outlined in Resolution BCB No. 584/2026, published on August 7. The regulation applies to transactions exceeding $10,000, whether executed in a single transaction or multiple transactions within a day. Smaller transfers may also incur delays if flagged as potentially risky by the exchanges. The central bank cited the use of cryptocurrencies, including stablecoins, for facilitating financial fraud, as the rationale behind this stringent requirement. However, exchanges retain the authority to expedite the transfer process if their risk assessment deems the transaction legitimate. This stipulation necessitates thorough documentation of the decision and communication with the affected customers. The provision also elevates the responsibility of crypto exchanges in risk management, considering factors such as the customer's profile, the transaction details, the counterparty, and the destination jurisdiction.",
  "summary": "Brazil's central bank has issued new anti-fraud regulations that require crypto exchanges to delay large cryptocurrency transfers to foreign platforms and self-custody wallets for up to 24 hours. The rule, which will take effect on January 1, 2027, applies to transactions involving Brazilian reais or cryptocurrencies where the funds are intended for transfer abroad or to a wallet controlled by the customer. The hold will apply to transfers exceeding $10,000, and smaller transfers may also be delayed if flagged as risky. The central bank aims to curb the use of cryptocurrencies, including stablecoins, in financial fraud schemes. Exchanges will have the discretion to release a hold before the 24-hour period if they determine no wrongdoing has occurred, but must document this decision and inform the customer. Some industry experts, such as Regina Pedroso of Brazilian tokenization group Abtoken, have expressed concerns that the new policy may impose costs on legitimate users and negatively impact the competitiveness of domestic exchanges.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Brazil tightens crypto transfers to curb fraud",
        "url": "https://urgent.news/2026/08/07/brazil-tightens-crypto-transfers-to-curb-fraud",
        "published": "2026-08-07T22:29:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}