Brazil to delay cryptocurrency transfers over $10,000 from 2027

The Central Bank of Brazil has announced new regulations aimed at preventing fraud within the digital asset market. Starting in 2027, cryptocurrency transfers exceeding $10,000 may be subject to a 24-hour delay. This threshold applies to either a single transaction or the aggregate total of a client's cryptocurrency transfers made within a single day.

The measure specifically targets transfers to foreign virtual asset service providers (VASPs) and self-custody wallets. The delay is intended to provide compliance teams and financial institutions with sufficient time to analyze the legitimacy of high-value transactions and investigate potential illicit activities, such as money laundering or scams.

These steps follow significant growth in Brazil's cryptocurrency market, which saw on-chain value reach $318 billion between July 2024 and June 2025. The central bank noted that the ability to quickly transfer funds across borders has made digital currencies and stablecoins attractive to fraudsters. The new rules do not permanently block assets; legal transactions can proceed once the necessary scrutiny is completed.