Brazil Central Bank Sets $10,000 Reporting Rule for Self-Custody Crypto Transfers

TLDR Brazil’s central bank will require covered institutions to report crypto transfers of $10,000 or more to or from self-custody wallets starting October 1, 2026. The rule, Resolution BCB No. 588, is a reporting requirement, not a ban, transfer cap, or mandatory freeze. Reports go to Brazil’s Financial Activities Control Council (Coaf) by the next [...]

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