Brazil’s Ministério Público Federal, the country’s Federal Public Ministry, has reiterated that political parties and candidates cannot accept donations in cryptocurrencies or digital assets. The June 22 announcement isn’t new law. It’s a loud reminder that existing rules already close the door on crypto flowing into campaign coffers.
The clarification came through the MPF’s “Me explica, MPF!” public education initiative, which periodically breaks down legal frameworks for ordinary citizens.
A rule that dates back to 2019
The prohibition traces its roots to TSE Resolution 23.607, enacted by Brazil’s Tribunal Superior Eleitoral in December 2019. That resolution mandated all campaign donations be processed through traceable banking channels, effectively shutting out any payment method that couldn’t be easily audited.
Brazil’s preferred tool for that traceability is PIX, the country’s instant payment system operated by the central bank. PIX processes transfers in real time with full identity verification on both ends, making it the polar opposite of pseudonymous crypto transactions from a transparency standpoint.
