Key Takeaways
- Brazil’s Federal Police seized $14M in illicit crypto, marking a 6x increase from the numbers in 2024.
- Chainalysis notes this $14M is a tiny fraction of the $100B in crypto circulating within Brazil’s market.
- To fix these flaws, the Central Bank of Brazil relies on Resolution BCB 520 to restrict future market crimes.
Brazil Registers Large Rise In Illegal Cryptocurrency Seizures
Brazil, one of the largest cryptocurrency economies in the world, has tightened its oversight on cryptocurrency crime, resulting in large volumes of digital assets used for illegal purposes being seized.
According to data collected by Valor Econômico, over 71 million reais (nearly $14 million) in cryptocurrency was seized in connection with…





