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Banco Central do Brasil implements new Pix and crypto fraud controls
The Banco Central do Brasil has announced significant regulatory changes aimed at combating financial fraud across both instant payments and cryptocurrency transactions.
Regarding the Pix instant payment system, new rules (Instrução Normativa nº 766) will be implemented in two stages. Starting August 10, enhanced tracking tools will be introduced to better monitor the movement of funds through various accounts to identify suspicious activity. On September 1, the deadline to contest transactions via the Special Return Mechanism (MED) will be extended from 30 to 80 days. These updates aim to improve the recovery of funds in fraud cases and provide better information for tracking 'orange accounts' used by criminals.
In the cryptocurrency sector, Resolution BCB nº 584 mandates that virtual asset service providers implement a mandatory 24-hour delay on certain outbound transfers. This rule, set to take effect on January 1, 2027, targets transfers exceeding $10,000—whether in a single transaction or through the cumulative daily total of a single user—to foreign virtual asset entities or self-custody wallets. The central bank intends to use this window to allow for additional risk analysis, specifically targeting the use of stablecoins to rapidly move illicit funds offshore. The regulator clarified that these delays are precautionary measures and do not constitute permanent asset freezes; providers may release funds earlier if risk assessments are completed successfully.
Entities
ANBCB (National Auditors Association of the Central Bank) · Banco Central do Brasil · Brazilian banks · Diretório de Identificadores de Contas Transacionais (DICT) · Mecanismo Especial de Devolução · Mecanismo Especial de Devolução (MED) · Pix · Pix instant payment system · Stablecoins · Virtual Asset Service Providers
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 9 SOURCES] The $10,000 threshold applies to single transactions or cumulative daily totals per customer. www.brasilemfolhas.com.br · oantagonista.com.br · journalducoin.com · livecoins.com.br · www.spacemoney.com.br · +3 more
- [● 9 SOURCES] Banco Central do Brasil ohoje.com · www.brasilemfolhas.com.br · oantagonista.com.br · journalducoin.com · livecoins.com.br · +3 more
- [● 9 SOURCES] The crypto transfer delay rule will take effect on January 1, 2027. www.brasilemfolhas.com.br · oantagonista.com.br · journalducoin.com · livecoins.com.br · www.spacemoney.com.br · +3 more
- [● 9 SOURCES] The central bank is implementing a 24-hour delay on cryptocurrency transfers exceeding $10,000. www.brasilemfolhas.com.br · oantagonista.com.br · journalducoin.com · livecoins.com.br · www.spacemoney.com.br · +3 more
- [● 7 SOURCES] The delay on crypto transfers is a precautionary measure and not a permanent asset freeze. oantagonista.com.br · journalducoin.com · livecoins.com.br · www.spacemoney.com.br · ethnews.com · +1 more
- [● 3 SOURCES] New Pix rules include a system to track 'orange accounts' used for fraud. ohoje.com · www.bandab.com.br · srzd.com
- [● 7 SOURCES] The crypto rules specifically target transfers to foreign virtual asset firms and self-custody wallets. www.brasilemfolhas.com.br · journalducoin.com · livecoins.com.br · www.spacemoney.com.br · ethnews.com · +1 more
- [● 3 SOURCES] The Pix dispute period for the Special Return Mechanism (MED) is being extended from 30 to 80 days. ohoje.com · www.bandab.com.br · srzd.com