Brazil's New Crypto Law Boosts Crime Fighting
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Brazils new law allows police to use confiscated cryptocurrency to combat organized crime, with funds going towards police gear, training, and special ops. This comes after successful busts like Operation Lusocoin and could significantly boost Brazils security budget. The country is also considering a national Bitcoin reserve, but seized crypto will not be stockpiled—it will fuel frontline crime fighting.
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