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Brazil Enhances Regulatory Landscape with Nationwide Crypto Monitoring Initiative

In an effort to bolster financial transparency and combat cryptocurrency-related crimes, Brazil has launched a nationwide initiative focused on tracking and monitoring crypto transactions.

The National Secretariat of Public Security (SENASP) announced this program on June 17, 2025, set to run over the next 36 months.

This initiative aims to address issues such as money laundering, drug trafficking, and financial fraud linked to digital currencies.

The Brazilian government is seeking advanced software that can identify suspicious transactions across major blockchain networks, including Bitcoin and Ethereum.

With installations planned in 15 of Brazil's capitals, this program promotes both crypto security and an innovative fintech environment.

All cryptocurrency platforms in Brazil will need to comply with these regulations by registering with authorities and updating their software regularly.

Moreover, the government is contemplating a crypto tax model that may impose a 17.5% tax on trades to enhance regulatory clarity.

This measure comes in response to a significant drop in Bitcoin interest, attributed to fears over regulatory uncertainty.

Brazil's commitment to real-time crypto tracking reflects a broader trend among nations to improve oversight of digital assets.

As cryptocurrency adoption grows, these developments may pave the way for enhanced regulatory frameworks throughout Latin America.