Brazil to Grant Police Crypto Confiscation Powers: New Regulations Ahead

• The Brazilian government is preparing to grant prosecutors, courts, and police officers new powers to confiscate crypto.
• The Federal Public Ministry (MPF) presented a draft “guide” for prosecutors and law enforcers to the Criminal Chamber late last week.
• The MPF has also set up special units to investigate crypto crimes and study the impact of crypto in the legal sphere.

Brazil Moves to Grant Prosecutors New Crypto Confiscation Powers

The Brazilian government looks set to grant its prosecutors, courts, and police officers new powers to confiscate crypto. To this end, the nation’s Federal Public Ministry (MPF) has prepared a draft “guide” for law enforcers and presented it to its own Criminal Chamber late last week. Representatives from other entities such as the National Council of Justice, the Federal Police, and the nation’s tax agency were also present during this meeting.

MPF Seeks Feedback on Proposed Crypto Guidelines

The MPF highlighted the „growing relevance“ of cryptocurrencies in terms of legal issues. It is now seeking feedback from various stakeholders with regards to its proposed guidelines before finalizing them in the coming days. According to Deputy Attorney General Carlos Frederico Santos: “The guidelines will allow for greater efficiency in the prosecution of crimes involving cryptoassets”.

Special Units Set Up by MPF

In addition to setting up these guidelines, the MPF has also created a compendium of resources that can be used by prosecution officials who need more information about cryptocurrencies. Furthermore, it is offering dedicated training sessions for both its staff as well as law enforcement agents on how best to deal with crypto-related issues.

Central Bank Also Sets Up Crypto Task Force

Last November saw Brazil’s public prosecutors‘ council create a crypto regulations working group which aims at training police officers and prosecution officials on how best they can fight cryptocurrency-based scams and corruption cases. This move was followed by central bank which launched a similar task force that seeks ways through which tokenization space can be regulated within Brazil’s borders.


It appears that Brazil is committed towards granting its Prosecutors new powers when it comes dealing with cryptocurrency-related issues within its jurisdiction while at same time ensuring that existing laws are adhered too as far as cryptocurrency usage is concerned within its borders.