Brazil House committee backs bill allowing crypto-asset freezes, tougher penalties for cyber fraud

Brazil's Chamber of Deputies Committee on Finance and Taxation (CFT) has approved Bill PL 5819/2025, empowering courts to order the freezing of assets held by suspects at cryptocurrency exchanges and banks, according to Livecoins. Approved on June 10 local time, the proposal would also raise prison terms for cyber fraud to six to ten years, up from four to eight years, with sentences increased by one-third when organized crime is involved. The bill also allows preventive detention when there is a risk of flight or when losses exceed 100 minimum wages. Next, the measure heads to the Constitution and Justice Committee (CCJ) and still requires approval in full sessions of both chambers.