The Brazilian Federal Public Ministry (MPF) has drafted a guide for law enforcement and prosecutors to confiscate cryptocurrency.

The draft guide was presented to the Criminal Chamber and dedicated crypto units of the MPF, and representatives from the National Council of Justice, Federal Police, and tax agency were also shown the proposal.

Furthermore, the MPF is eager to get feedback on the guidelines, which could be immediately adopted by prosecutors if approved by the Criminal Chamber.

Additionally, the MPF is also preparing resources and training sessions to improve the understanding of cryptocurrency by prosecution officials and law enforcement.

A working group was created by the public prosecutors’ council in November to train officials and fight crypto scams and corruption, while the MPF also founded a Special Unit for Cryptoassets to investigate crypto crimes and its impact on the legal field.

The central bank has also launched a task force to explore the possibility of regulating the tokenization space.