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Brazil passes law allowing seized crypto to be used for public security

Aimed at fighting organized crime groups, the new law allows confiscated assets including crypto to be used for ”police re-equipment, training, and special operations.”

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Brazil passes law allowing seized crypto to be used for public security

Aimed at fighting organized crime groups, the new law allows confiscated assets including crypto to be used for ”police re-equipment, training, and special operations.”

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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