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Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions

The 24-hour hold period would allow virtual asset service providers to screen the transactions and verify the legitimacy of the funds moved. The funds could be released in a shorter timeframe, provided that the risks ass...

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Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions
The 24-hour hold period would allow virtual asset service providers to screen the transactions and verify the legitimacy of the funds moved. The funds could be released in a shorter timeframe, provided that the risks associated with the transaction are mitigated. Central Bank of Brazil Proposes Holding Stablecoin Remittances For Screening Purposes The Central Bank […]

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This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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