The resolution does not ban the use of self-custody wallets or impose specific limits on transaction volumes. It also specifies that multiple transfers below the $10,000 threshold do not need to be automatically aggregated for reporting purposes.
Wednesday, October 21, 2026
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Brazil Central Bank Mandates $10,000 Reporting for Self-Custody Wallets
Crypto26 days ago
The central bank of Brazil has issued a new regulation to broaden the scope of its anti-money laundering and countering the financing of terrorism oversight. Under Resolution BCB No. 588, all virtual asset transfers worth $10,000 or more to or from self-custody wallets must be reported starting October 1, 2026.
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