Brazil Can Now Freeze Illegal Betting Operators’ Funds, Not Just Block Sites

Brazil Can Now Freeze Illegal Betting Operators' Funds, Not Just Block Sites A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting enforcement from blocking websites to choking the financial rails beneath them. From web blocks to […]

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Bitcoin.com

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June 24, 2026

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Brazil Can Now Freeze Illegal Betting Operators’ Funds, Not Just Block Sites

Brazil Can Now Freeze Illegal Betting Operators' Funds, Not Just Block Sites A decree signed by President Lula on June 19 lets Brazil’s gambling regulator order banks to freeze the accounts of unlicensed betting operators within 24 hours – and, after due process, seize the money for an anti-crime fund – shifting enforcement from blocking websites to choking the financial rails beneath them. From web blocks to […]

Bitcoin.com

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June 24, 2026

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