World · Regulation · Brazil ·
Brazil's central bank orders delays on large crypto transfers abroad
Brazil's central bank mandated that crypto exchanges delay transfers above $10,000 and smaller transactions flagged as risky by the platform before sending them overseas.
Why it matters for the crypto market
Mandatory transfer delays add friction to capital flows out of Brazil and increase monitoring of cross-border crypto movement, tightening outbound liquidity.
Source: CoinDesk
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