Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions
Covered by 3 sources · 3 articles
3 outlets - including Cryptopress, Cryptoadventure and Bitcoin - are covering this story. Brazil’s central bank has proposed a 24-hour preventive hold on certain large virtual-asset transfers, adding new friction to stablecoin flows that move out of regulated platforms or into self-custody. The rule would apply when transactions…
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Brazil Central Bank Proposes 24-Hour Hold On Large Stablecoin Transfers
Brazil’s central bank has proposed a 24-hour preventive hold on certain large virtual-asset transfers, adding new friction to stablecoin flows that move out of regulated platforms or into self-custody. The rule would apply when transactions…
Brazil Central Bank Proposes 24-Hour Hold On Large Stablecoin Transfers
Brazil’s central bank has proposed a 24-hour preventive hold on certain large virtual-asset transfers, adding new friction to stablecoin flows that move out of regulated platforms or into self-custody. The rule would apply when transactions…
Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions
The 24-hour hold period would allow virtual asset service providers to screen the transactions and verify the legitimacy of the funds moved. The funds could be released in a shorter timeframe, provided that the risks associated with the tra…