[Brazil Proposes Selling Seized Bitcoin to Weaken Organized Crime Networks] According to a report by Jinse Finance, the Brazilian government has proposed legislation to allow the sale of seized cryptocurrencies (such as Bitcoin) to dismantle the financial infrastructure of organized crime groups. The proposed law would classify cryptocurrencies as foreign currency and financial securities. This move is part of Brazil's broader efforts to combat organized crime. Meanwhile, the country's central bank is implementing new regulations requiring cryptocurrency companies to obtain licenses and hold capital reserves.