Overview
- The Federal Public Ministry published a public-education note Monday that reiterated that political parties and candidates may not accept donations in cryptocurrencies or other digital assets.
- The rule flows from the Superior Electoral Court’s Resolution 23.607 from December 2019 and a 2024 reaffirmation, which require all campaign funds to move through traceable banking channels.
- Permitted funding methods are bank transfers that record the donor’s CPF, PIX instant payments with identity verification, and crowdfunding only on TSE‑authorized platforms that identify every donor.
- Campaigns or parties that accept prohibited crypto donations face fines, must repay funds to the National Treasury, and can be investigated by electoral prosecutors for illegal contributions or abuse of economic power.
- Brazil combines this strict electoral rule with an active crypto regulatory framework for exchanges and token issuers, a mix that shapes compliance for campaigns and draws international attention.