Abcripto Blasts Central Bank of Brazil's 24-Hour Stablecoin Lock as 'Disproportionate'
ABcripto, the Brazilian Cryptoeconomy Association, asked the central bank to suspend a proposal to introduce a 24-hour delay for large stablecoin remittances. The organization explained that such a measure. . .
ABcripto, the Brazilian Cryptoeconomy Association, asked the central bank to suspend a proposal to introduce a 24-hour delay for large stablecoin remittances. The organization explained that such a measure would affect transparent market actors using regulated entities, while illicit actors would remain untouched. Key TakeawaysABcripto opposed a proposed 24-hour stablecoin lock, warning it will disrupt near-instant transaction use. The bank cited rising crypto crime to justify the hold, triggering intense pushback from industry giants. ABcripto warned the lock will drive users to unregulated providers, hurting overall national market security. ABcripto to Suspend Proposal For 24 Hour Stablecoin Remittance LockThecryptocurrencysector in Brazil is now facing fierce regulatory oversight that seeks to block the use ofstablecoinsfor illicit purposes with stringent compliance measures. ABcripto, the Brazilian Cryptoeconomy Association, which groups industry giants such as Binance, Coinbase,Crypto. com, and Tether, has introduced a document opposing an earlier proposal by the central bank, which recommended a 24-hour lock window forstablecoinremittances. According tolocal media, in a letter sent to the Department of Financial Regulation (Denor), ABcripto agrees that regulatory groups must pursue fraudulent and illicit activity, but argues that this measure is disproportionate and must be preceded by more thorough research of the Braziliancryptocurrencymarket. As justification for this 24-hour lock on transactions exceeding $10,000, the bank cited a Chainalysiscryptocrime report, noting that illicit transaction volumes had reached a record high in 2025. For ABcripto’s President, Julia Rosin, the measure would fall short of impacting the desired targets. It would instead affect transparent institutions, as illicit actors steer away from these institutions and tend to rely on platforms without identity checks, mixers, bridges, and other less visible structures. The lock would also affect the current adoption ofstablecoins, which is powered by users and institutions that rely on near-instant finality for their use cases. A lock would disincentivize the use of these alternatives, as it could cause loss of funds in time-sensitive applications and other issues. Finally, ABcripto claims that this would push interested parties away from regulated channels, hurting institutions providing services to their partners and also affecting the security of these parties when transacting with unregulated service providers. The pushback comes at a time when stablecoin-specific regulation is beingdiscussedin Congress, with the central bank set to classify these instruments as electronic money instead of the current digital asset classification.