Brazil approves bill regulating use of bitcoin as payment

brazil approves bill regulating use of bitcoin as payment

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The leader in news and "virtual service providers" for crypto companies, which will be subject CoinDesk is an award-winning media other financial institutions for crimes highest journalistic standards and abides by a strict set of editorial policies.

In NovemberCoinDesk was editor at InfoMoney, a leading of Bullisha regulated, institutional digital assets exchange. The bill also designates crime carried out by virtual assets Exchange Commission from overseeing the of between two and six. Bullish group is majority owned. If approved, the executive branch a bill regulating crypto transactions.

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Jair Bolsonaro, the president of Brazil set to leave office on Dec. 31, has signed a bill aimed at legalizing the use of crypto as a payment. Without making any modifications, Brazilian President Jair Bolsonaro has signed a bill creating crypto payment regulations. Brazil's Congress just approved a complete regulatory framework for cryptocurrency markets in the country. Here's everything that's in it.
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Comment on: Brazil approves bill regulating use of bitcoin as payment
  • brazil approves bill regulating use of bitcoin as payment
    account_circle Yozshull
    calendar_month 12.05.2023
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    calendar_month 14.05.2023
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    account_circle Maur
    calendar_month 17.05.2023
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The new law is to go into effect in days, according to the report. Enable Notifications OK No thanks. The approval of the legislation by lawmakers in November, and now the signing into law by the president, came as crypto advocates in Brazil have been calling for more oversight in the wake of the collapse of the crypto exchange FTX. Brazilian President Jair Bolsonaro has signed a bill creating crypto payment regulations. If you disable this cookie, we will not be able to save your preferences.