Brazil central bank prepares crypto monitoring system after $180M cyberattack

Brazil's central bank has developed a real-time crypto threat alert system with Hypernative to connect banks and domestic exchanges, aiming to track and prevent the movement of stolen funds into cryptocurrency. Integration will start within two weeks, with Foxbit and Mercado Bitcoin participating, and from January 2027, Brazil will require a 24-hour preventive hold on crypto transfers above $10,000.

This Wire brief sits within Fusion42's coverage of Fintech.