Brazil has signed an anti-gang law that allows confiscated cryptocurrency to be used to fund law enforcement.

Brazilian President Luiz Inácio Lula da Silva signed an anti-gang bill on Tuesday, granting authorities new powers to freeze and confiscate assets during investigations and after convictions. These assets include cryptocurrencies, stocks, and luxury goods. The bill allows authorities to permanently seize and sell these assets, with proceeds used for police equipment upgrades, training, and special operations. It also establishes economic incentives for public assistance in law enforcement, offering up to 5% of the seized assets as a reward to informants who provide information and help recover assets. Assets seized related to drug trafficking will be included in the federal anti-drug policy fund, not the security fund. Furthermore, the bill increases penalties for extreme violent criminal organizations, paramilitary groups, and private militias that use violence or serious threats to control territory, disrupt public services, attack infrastructure, or intimidate authorities and civilians.