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Another novelty from the excellent ones elected by you, gentlemen!
Direct sale of Bitcoin may become a crime in Brazil
The PL 5.256/2025*, presented by Senator Jorge Kajuru (PSB-GO) *requires* that individuals and legal entities carry out *all purchases and sales of crypto assets* in Brazil *exclusively through service providers* authorized by the Central Bank.
📉 The project amends the Money Laundering Law and provides *sentences of 3 to 10 years in prison* for those who exceed the limits set by the Central Bank.
❌ *Decentralized platforms (DEXs)* like Uniswap and PancakeSwap would be *illegal* if the amounts exceed the *limits to be defined*.
🔍 *Control measures include:*
▪️ Prove the origin of the funds
▪️ Communication to COAF
▪️ Identity verification (KYC)
▪️ Monitor Politically Exposed Persons (PPE)
The proposal reignites the debate on financial freedom and regulation in the crypto market.*