Regulation· ★★★· neutral·

Brazil's central bank adds self-custody and COAF reporting rules for crypto

  • —Resolutions BCB 588 and 589 were published on September 23, 2026
  • —From October 2026, self-custody transfers above the threshold go to COAF
  • —New rules cover custody, foreign assets, reserves and staking
  • —Automatic COAF reporting does not by itself mean an operation is suspicious
Why it matters: Brazil is tightening oversight of self-custodial wallets and stablecoin transfers, setting a precedent other regulators may follow.
Source: Livecoins