Meziah CFC

On November 13th, citing CoinDesk, that the United States is intensifying its crackdown on overseas scams that lure people into sending cryptocurrency.
On Wednesday, the U.S. Treasury Department announced the establishment of a "Scam Center Task Force," disclosing its latest initiatives to combat Burmese scam groups that lure Americans with fake investment schemes.

This task force, established with the participation of the Department of Justice and others, aims to combat "pig butchering" scams, which are often orchestrated by large organized crime groups in Myanmar and elsewhere. Led by the U.S. Attorney for the District of Columbia, the task force plans to mobilize resources from the Department of Justice, the Treasury Department, and other departments to dismantle transnational criminal corporations in Southeast Asia that have stolen substantial sums of money from Americans.

Brazilian President Luiz Inácio Lula da Silva's Bill 5.582/2025, submitted to Congress, authorizes financial institutions to liquidate cryptocurrencies before trial outcomes, treating them similarly to foreign exchange, checks, and securities. However, the handling of cases where suspects are acquitted remains unclear.
This move aims to combat the financial chains of criminal organizations and is part of the "Anti-Faction Bill," which revises legislation on organized crime and the Criminal Procedure Law, targeting the financial infrastructure of criminal factions such as "Comando Vermelho."

Simultaneously, the Central Bank of Brazil is pushing forward with significant regulatory reforms to the cryptocurrency industry, issuing new rules requiring cryptocurrency companies to obtain licenses and hold capital reserves of 10.8 million to 37.2 million reais, depending on their business activities. These regulations will take effect in February, classifying cryptocurrency activities according to Brazilian foreign exchange and capital market laws.