🚨 Brazil just passed a new crypto LAW
Authorities can now confiscate and sell criminal assets — including cryptocurrency.
Here are the key points 👇
• Informants can receive up to 5% of recovered assets
• Confiscated funds will finance police equipment and training
• Assets linked to drug trafficking will go to the federal anti-drug fund
• Harsher penalties for organized crime, militias, and paramilitary groups
Brazil is clearly tightening control over crypto used in illegal activities.
Regulation is coming faster than many expected.
What do you think this means for the future of crypto regulation? 👇