PANews
PANews|May 31, 2026 09:12
[The U.S. Department of State Designates Brazil's Comando Vermelho and PCC as 'Specially Designated Global Terrorists'] The U.S. Department of State has announced the designation of two Brazilian organizations, Comando Vermelho (CV) and Primeiro Comando da Capital (PCC), as 'Specially Designated Global Terrorists' (SDGTs). It also plans to officially classify them as 'Foreign Terrorist Organizations' (FTOs) starting June 5, 2026. These groups have been accused of using cryptocurrencies for money laundering, with reports indicating that PCC has used Bitcoin mining as a cover for laundering activities. In March of this year, Brazil passed a new law stipulating that confiscated crypto assets will be allocated to public safety expenditures. This move signifies Brazil's shift in viewing crypto assets from potential reserve tools to enforcement resources, strengthening efforts to combat organized crime by groups like PCC and CV, while also advancing the judicial system's capacity to regulate and manage digital assets.
+2
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads