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🇧🇷 BRAZIL TO USE SEIZED CRYPTO TO FUND POLICE OPERATIONS
Brazil signed Law No. 15.358 allowing authorities to use crypto seized from criminals to fund police equipment, training and intelligence ops.
Key highlights:
→ Judges can approve use of seized crypto before final conviction.
→ Courts can now freeze and seize crypto from exchanges and wallets.
→ Convicted criminals permanently banned from financial and crypto systems.
Brazil ranks 5th globally in crypto adoption and chose to deploy seized crypto operationally rather than hold it as a strategic reserve.