#CryptoCPIWatch The Crypto CPI Watch seems to be related to two different topics: the CPI (Crypto Price Index) and the CPI investigation into cryptocurrency pyramid schemes in Brazil.
*CPI Investigation:*
- The CPI das Pirâmides Financeiras was installed in June 2023 to investigate cryptocurrency pyramid schemes in Brazil.
- The commission aims to identify and prevent financial crimes, such as money laundering and tax evasion, associated with cryptocurrency transactions.
- According to the Comissão de Valores Mobiliários (CVM), 11 companies have been accused of committing fraud using cryptocurrencies.
- The CPI has held public hearings with experts, representatives from cryptocurrency exchanges, and other stakeholders to gather information and understand the market.¹ ²
**Crypto Price Index (CPI