Bitcoin

<ul><li>A new bill will allow cryptocurrency payments in Brazil.</li><li>Crypto companies require federal clearance to operate.</li><li>However, the bill does not make cryptocurrencies legal tender.</li></ul>The Chamber of Deputies in Brazil has approved a regulatory framework that would allow citizens to utilize <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" rel="noopener noreferrer nofollow">cryptocurrencies</a> for payments. Virtual currencies are now included in the definition of “payment agreements” regulated by the country’s Central Bank, following the document signed under the code PL 4401/2021.Drafted by deputy Auero Ruberio, the bill, which would regulate a broad category of financial instruments known as “virtual assets,” has passed both houses of Congress and just requires the President’s signature to become law. However, the bill does not make Bitcoin or any other cryptocurrency a legal tender. <a href="https://coinedition.com/brazilian-regulators-approve-bill-to-allow-crypto-payments/" rel="noopener noreferrer nofollow">See original on CoinEdition </a>

Brazilian Regulators Approve Bill to Allow Crypto Payments

Coin Edition

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