Brazil approves bill regulating the use of Bitcoin and other cryptocurrencies as an official payment method. This is yet another step forward for the crypto world, which is increasingly making inroads into classic finance.
The news, favorable to the blockchain world, is reported on Bitcoin Magazine‘s official Twitter profile, which reads:
BREAKING: Brazilian lawmakers approve bill regulating use of #Bitcoin and crypto as payment
— Bitcoin Magazine (@BitcoinMagazine) November 29, 2022
“Brazilian lawmakers approve bill regulating use of #Bitcoin and crypto as payment.”
Brazil’s bill: all the news for Bitcoin
The comprehensive regulatory framework recently approved by Brazilian lawmakers includes new benefits for Bitcoin and crypto embedded in the world of traditional finance. Specifically, Bitcoin will be allowed to be used for trading and the use of cryptocurrencies will be normalized in the country.
Voted on Tuesday night in Brasilia, the country’s capital, th
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