PANews|Sep 01, 2026 05:49
[Brazilian Presidential Candidate Supporting Bitcoin Reserves Has Campaign Funds Frozen, Social Media Accounts Restricted]
According to BeInCrypto, the digital campaign of Brazil's 'pro-Bitcoin' presidential candidate Renan Santos has been suspended, with 3.3 million Brazilian reais (approximately $600,000) in public campaign funds frozen and 16 campaign social media accounts restricted. This ruling comes just weeks after Santos expressed support for establishing a national Bitcoin reserve. While his candidacy has not been revoked, his online reach and funding have been severely impacted.
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