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Brazil Central Bank Mandates Delays on Large Overseas Crypto Transfers

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Brazil's central bank has issued a directive requiring cryptocurrency exchanges to delay large transfers of digital assets abroad. The rule targets transactions exceeding $10,000, as well as smaller transfers that exchanges identify as carrying elevated risk. The measure appears aimed at strengthening oversight of cross-border crypto flows out of the country. Exchanges operating in Brazil are now responsible for flagging and holding suspicious transactions before processing them internationally.

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Brazil Central Bank Mandates Delays on Large Overseas Crypto Transfers · ShortSingh