Brazil Authorizes Use of Seized Crypto for Security Funds

TLDR Brazil enacted Law No. 15.358, allowing authorities to use seized crypto assets to fund public security operations. President Luiz Inácio Lula da Silva signed the law to expand asset freezing and seizure powers. Courts can authorize the provisional use of confiscated digital assets before final convictions. The law targets violent criminal groups, paramilitary organizations, [...]

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