Brazil Orders Reporting of $10K Self-Custody Crypto Wallet Trades

Crypto Insight Summary: The new measures aim to strengthen the central bank’s AML/TF oversight over digital asset transactions where wallets are under complete user control, a situation that the bank says “can reduce the availability of information for monitoring and risk assessment purposes.”   Central Bank of Brazil Eyes Self-Custody Wallets In New Resolution The Central Bank of […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased regulatory scrutiny on self-custody wallets may deter crypto adoption in Brazil.