Why is ABcripto opposing Brazil's proposed stablecoin transfer delay?

ABcripto said the proposed 24-hour delay on stablecoin transfers above US$10,000 would disproportionately affect legitimate users and regulated businesses. The association argued that illicit actors are more likely to use unregulated platforms and therefore would be less affected by the measure.

What are the Central Bank of Brazil's proposed stablecoin rules?

The Central Bank of Brazil has proposed a mandatory 24-hour delay for stablecoin transfers exceeding US$10,000. The regulator said the proposal is intended to address rising cryptocurrency-related crime, citing Chainalysis data showing record illicit transaction volumes in 2025.

How could the proposed stablecoin delay affect regulated cryptocurrency businesses in Brazil?

ABcripto said the proposal could reduce the appeal of regulated stablecoin services by delaying near-instant transactions relied upon by businesses and users. The association warned this could encourage some customers to move to unregulated providers instead.

What does ABcripto want the Central Bank of Brazil to do?

ABcripto has asked the Central Bank of Brazil to suspend the proposed 24-hour transfer delay and conduct further analysis before introducing the rule. The association said it supports efforts to combat financial crime but believes regulation should be proportionate.

Why is Brazil reviewing its stablecoin regulations?

Brazil is reviewing stablecoin regulations as policymakers consider new rules for the sector and whether stablecoins should be classified as electronic money instead of digital assets. The proposed transfer delay forms part of the broader regulatory discussion.

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ABcripto opposes Brazil's stablecoin transfer delay

Written by Heidi Cuthbert Published Jul 6, 2026, 7:55 AM

ABcripto urged Brazil's central bank to withdraw a proposal requiring a 24-hour delay on stablecoin transfers above US$10,000.
The industry group said the measure would affect regulated businesses while doing little to prevent illicit cryptocurrency activity.
The proposal comes as Brazil considers broader stablecoin regulation and a new legal classification for the assets.

ABcripto, the Brazilian Cryptoeconomy Association, asked the Central Bank of Brazil to suspend a proposal that would impose a 24-hour delay on stablecoin transfers exceeding US$10,000, arguing the measure would disproportionately affect legitimate market participants.

The central bank cited Chainalysis data showing record levels of illicit cryptocurrency activity in 2025 as justification for the proposal, while ABcripto said additional analysis of Brazil's digital asset market should be completed before introducing the restriction.

“This measure is disproportionate,” ABcripto said in its submission to the Department of Financial Regulation, arguing that regulated firms would bear the burden while illicit actors would continue using platforms without identity checks, mixers and blockchain bridges.

ABcripto, whose members include Binance, Coinbase, Crypto.com and Tether, said many businesses and users depend on the near-instant settlement provided by stablecoins and warned that a mandatory delay could disrupt time-sensitive transactions and increase operational risks.

The association also argued that the proposal could encourage users to move activity away from regulated providers and towards unregulated services, potentially reducing market transparency and consumer protection.

The debate comes as Brazil's Congress considers stablecoin-specific legislation and the Central Bank of Brazil plans to classify stablecoins as electronic money instead of digital assets.

ABcripto said it supports measures to combat financial crime but believes regulation should be proportionate and designed to avoid unintended consequences for compliant participants in Brazil's cryptocurrency market.