ABcripto: Brazilian Central Bank's 24-hour Stablecoin Lockup Proposal is "Disproportionate"

Odaily reported that the Brazilian Association of Crypto-Economics (ABcripto) has requested the Brazilian Central Bank to suspend a proposal that would introduce a 24-hour delay for large stablecoin transfers. The association opposes the Central Bank's previous recommendation to impose a 24-hour lockup window for stablecoin transfers exceeding $10,000, stating that the measure would impact transparent market participants using regulated entities, while illicit actors would remain unaffected. ABcripto's members include Binance, Coinbase, Crypto.com, and Tether.

The Brazilian Central Bank cited Chainalysis' crypto crime report, noting that illegal transaction volumes reached an all-time high in 2025. ABcripto President Julia Rosin stated that illegal actors typically avoid regulated institutions, preferring platforms that do not require identity verification, mixers, cross-chain bridges, and other less transparent structures.

ABcripto also stated that the lockup measure could undermine the near-instant settlement use case for stablecoins and push users towards unregulated service providers. Currently, the Brazilian Congress is discussing specific regulations for stablecoins, and the Brazilian Central Bank plans to classify stablecoins as electronic money, rather than under the current digital asset classification. (Bitcoin.com News).