Crypto Regulation: Thailand Recognizes Bitcoin, France Force-Sells, Binance Brazil
A wave of global crypto regulatory developments: Thailand's Supreme Court recognized Bitcoin as legal property, France gained power to force-sell crypto for tax debts, and Binance filed for Brazilian regulatory authorization ahead of an October 30 deadline.
What we know
Thailand's Supreme Court officially recognized Bitcoin as legal property: An account on X. In France, a June 2026 law now allows tax authorities to seize and force-sell crypto on platforms to recover unpaid taxes, adding to earlier CARF legislation enabling cross-border crypto transaction monitoring across 77 countries: Another account on X. CZ confirmed Binance filed for regulatory authorization in Brazil ahead of the October 30 Central Bank deadline, restricting 8 services and delisting 22 tokens: @cz_binance.
How the story developed
A wave of global crypto regulatory developments: Thailand's Supreme Court recognized Bitcoin as legal property, France gained power to force-sell crypto for tax debts, and Binance filed for Brazilian regulatory authorization ahead of an October 30 deadline.
Brazilian Senator Flavio Bolsonaro has fled to the United States after refusing to comply with a Supreme Court order to hand over his passports. The Trump administration reportedly signaled asylum, and a 'US protective operation' is reportedly underway.
Supreme Court Justice Alexandre de Moraes ordered Flávio Bolsonaro to surrender his passport, barring him from leaving Brazil. Brazilian financial markets opened the week sharply lower following Lula's election victory.
Brazil's 2026 election results are being widely questioned, with CT accounts raising concerns about a last-minute Supreme Court voting extension and a statistical near-identical match to disputed 2014 results. Sentiment ranges from skepticism to outright fraud allegations.
Serbia's Vučić conceded defeat to a student-led movement after two years of protests. In Brazil, a Supreme Court justice — Lula's former personal lawyer — controversially extended voting hours in pro-Lula states minutes before results were due.
Three major democratic events are converging: Brazil's left-right presidential runoff is in its final hour, Serbia hit its highest election turnout since 1992, and US analysts are parsing early voting data ahead of November.
Sources
“Binance files for regulatory authorization in Brazil ahead of October 30 deadline”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.