Brazil Bans Crypto Campaign Donations, Citing Transparency Gaps Ahead of October Elections

TLDR: Brazil has prohibited cryptocurrency campaign donations to parties and candidates since December 2019. The TSE’s Resolution 23.607/2019 requires all donations to be fully identifiable by oversight agencies.  Online crowdfunding is permitted on TSE-authorized platforms, provided every donor is fully identified.  Violations carry fines, mandatory Treasury repayments, and potential economic power abuse charges Brazil has [...]

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