According to sources, the investigation into Banco Master in Brazil is expected to stretch for approximately six months. The probe represents a significant regulatory scrutiny affecting the region's fintech and digital asset landscape.

This development comes as Brazilian authorities intensify their oversight of financial institutions operating in the crypto and Web3 space. The extended timeline suggests the complexity of the case and the authorities' commitment to a thorough examination.

Market participants and stakeholders in Brazil's cryptocurrency ecosystem are closely monitoring the situation, as the outcome could have broader implications for how financial institutions navigate regulatory requirements in the country. The six-month window provides a clearer picture of the investigation's scope and potential impact on the industry.