No Crypto Allowed: Brazil’s Public Prosecutor’s Office Tightens Vigilance on Election Funding

Key Takeaways The MPF reaffirmed a crypto donation ban on Monday, shielding Brazil’s election market from fraud. Under a Dec 17, 2019, court ruling, candidates must use Pix or traditional banking to verify 100% of funds. Brazil allows digital crowdfunding from May 15th, but forces political campaigns to log all donor IDs. Brazil’s Prosecutor’s Office…

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