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Brazil’s Central Bank Hits Large Crypto Transfers With Mandatory 24-Hour Freeze
['James Thorp']
The Currency analytics
Brazil Isn’t Alone — Japan and Europe Are Moving TooBrazil’s move fits into a wider global push to get a handle on crypto fraud.
See also: Brazils Central Bank Targets $10,000 Crypto Transfers With Mandatory 24-Hour HoldEurope has its own headaches.
No official comment from major Brazilian crypto platforms has come out yet.
Frequently Asked Questions When does Brazil’s 24-hour crypto hold rule take effect?
Does the 24-hour hold apply to all crypto transfers in Brazil?