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 […]
Source: https://news.bitcoin.com/brazil-proposes-mandatory-24-hour-hold-on-large-crypto-stablecoin-transactions/
