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A 24-hour hold on crypto transfers above $10,000 is coming to Brazil.
The Central Bank of Brazil (BCB) published Resolution 584 last Friday, extending its fraud-prevention framework from payment services to virtual asset service providers.
It covers transfers to foreign crypto entities and to self-custody wallets, and takes effect January 1, 2027.
What Resolution 584 actually does The resolution amends existing BCB fraud-prevention rules to bring virtual asset services into the same compliance structure that already governs payment services.
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