Brazil’s Federal Public Ministry has reminded political parties and candidates that they cannot accept cryptocurrency donations for election campaigns.
Summary
- Brazil’s MPF says campaign donations must remain traceable, keeping crypto outside election finance channels.
- The ban has applied since 2019 under rules set by Brazil’s Superior Electoral Court.
- Violations can lead to fines, fund returns, and abuse of economic power claims.
The MPF said the rule applies because all campaign donations must allow clear identification of the donor.
The notice came through the MPF’s “Me explica, MPF!” series on June 22. The agency said Brazil’s election rules…
