
Brazil crypto market faces October licensing deadline
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Brazil’s cryptocurrency market faces a major regulatory deadline in October as crypto companies prepare for new licensing requirements.
Brazil has proposed a rule that would allow crypto exchanges to hold some digital asset transfers for up to 24 hours when fraud is suspected.
Brazil bought US$14.68 billion worth of stablecoins during the first half of 2026, exceeding purchases of Bitcoin (CRYPTO:BTC) and reinforcing the country's preference for dollar-pegged digital assets.