Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers
Covered by 2 sources · 2 articles
2 outlets - including Bitcoin and Cryptobriefing - are covering this story. ABcripto, the Brazilian Cryptoeconomy Association, asked the central bank to suspend a proposal to introduce a 24-hour delay for large stablecoin remittances. The organization explained that such a measure would affect transparent market ac…
All coverage
Abcripto Blasts Central Bank of Brazil’s 24-Hour Stablecoin Lock as ‘Disproportionate’
ABcripto, the Brazilian Cryptoeconomy Association, asked the central bank to suspend a proposal to introduce a 24-hour delay for large stablecoin remittances. The organization explained that such a measure would affect transparent market ac…
Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers
The proposed regulation may slow cross-border crypto transactions, impacting market liquidity and increasing compliance costs for service providers. The post Brazil Central Bank proposes 24-hour holds on large dollar stablecoin transfers ap…