Brazil suggested to sell the seized Bitcoins.

Brazilian Government Plans to Sell Seized Cryptocurrency

The Brazilian government has proposed a law that will allow the sale of confiscated cryptocurrencies, such as Bitcoin, to dismantle the financial infrastructure of organized crime groups. This proposal is being considered under the framework of the "anti-fascism law" and includes regulations that treat cryptocurrencies like foreign currencies and financial securities.

This move is part of the efforts to combat organized crime in Brazil. At the same time, the country's central bank is implementing new regulations requiring cryptocurrency firms to obtain licenses and hold sufficient financial reserves.