Brazil Sets $10K Self-Custody Crypto Reporting Rule
Key Highlights Brazil’s Central Bank published Resolution BCB No. 588 on September 23, 2026, requiring covered institutions to report virtual-asset transfers of $10,000 or more to or from self-custody wallets starting October 1, 2026. The rule amends Article 49 of Circular No. 3,978, placing qualifying self-custody transfers alongside large cash operations and foreign-currency transactions that ...