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Tag: ZIL

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No Crypto Allowed: Brazil’s Public Prosecutor’s Office Tightens Vigilance on Election Funding
Brazil’s Public Prosecutor’s Office (MPF) explained that this prohibition stemmed from the pseudonymous trait of cryptocurrency, as each donation must be identified, and this requirement could be very difficult to complete with the use of these tools. Brazil’s Prosecutor’s Office… Read full article
7h ago
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Brazil Cracks Down on Crypto Political Donations Ahead of Elections
Brazil maintains its 2019 ban on crypto donations for political campaigns nationwide.
Authorities require fully traceable campaign funding sources before the 2026 elections.
Violations may trigger fines, fund repayments, and election-related legal proceedings.

Brazil has reaffirmed its prohibition on cryptocurrency… Read full article
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Brazil Can Now Freeze Illegal Betting Operators’ Funds, Not Just Block Sites
A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting… Read full article
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