Brazil to Implement 24-Hour Wait for Crypto Transfers to Self-Custody Wallets

Brazil to Implement 24-Hour Wait for Crypto Transfers to Self-Custody Wallets

Published on
Categories: Regulation

Brazil is poised to introduce a new regulation on January 1, 2027, which will enforce a 24-hour waiting period for transfers of cryptocurrencies, including fiat-backed stablecoins, to self-custody wallets. This measure aims to bolster controls against crypto fraud within the country.

The new rule will take effect on Jan. 1, 2027, and will cover cryptocurrencies including fiat-backed stablecoins.