"Law No. 15.358 equips law enforcement with unprecedented powers to freeze, block, and seize both traditional and digital assets, including crypto, during investigations."
"The legislation permits the provisional use of seized cryptoassets, with judicial approval, to fund police operations, intelligence work, officer training, and other public security efforts."
"Authorities can now suspend access to exchanges, digital wallets, and online platforms during investigations, with permanent restrictions applied upon conviction."
"The law establishes a national criminal database that integrates the financial structures of known criminal groups, improving coordination between police, prosecutors, and the judiciary."
Brazil has enacted Law No. 15.358, allowing authorities to seize and utilize crypto assets from criminal organizations for public security initiatives. This law empowers law enforcement to freeze and block both traditional and digital assets during investigations. Seized crypto can be used for police operations and training with judicial approval. The legislation targets violent criminal groups and increases penalties for various crimes. It also enhances international cooperation for asset recovery and establishes a national criminal database to improve coordination among law enforcement agencies.
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