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The Brazilian Ministry of Justice has tendered a cryptocurrency tracking system that will monitor transactions on Bitcoin and 11 other mainchains.
[Chain News] On June 20, news emerged that Brazil’s Ministry of Justice and Public Security published a tender announcement on June 20, planning to procure a crypto assets tracking software system. The software must support transaction monitoring for at least 12 mainstream blockchains, including Bitcoin and Ethereum, and must be capable of expanding to more blockchains in the future, as well as obtaining key data such as IP addresses, geographical locations, and wallet addresses. The system will be deployed primarily in the capitals of 15 states, with a contract period of 36 months. The Brazilian government has recently intensified efforts to combat crypto assets-related crimes, launching four major special operations in the past year, involving several cases of money laundering and illegal crypto activities.