Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The cryptocurrency bill, identified with the number 4.401/2021, is set to be addressed this week by the Deputy Chamber of Brazil, alongside other time-sensitive bills.

According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is set to also discuss other time-sensitive bills.Brazil is getting closer to regulating cryptocurrency assets and virtual asset service providers . The cryptocurrency bill, identified with the number 4.401/2021, is set to be addressed this week, alongside other time-sensitive bills.

of two different projects as part of the work of its proponents, who wanted to approve a crypto-centric law this year.by the Brazilian Senate in April and seeks to regulate cryptocurrency exchanges by creating a single regulator to deal with the issue. In the same way, the project legalizes cryptocurrency mining, and establishes tax exemption rules for mining institutions that present green projects using 100% renewable energy for the establishment of mining farms.

In earlier interviews, the deputies behind this cryptocurrency bill project have stated that one of the biggest motivations behind the law is to punish cryptocurrency scams in the country. For this purpose, the project also defines a new kind of crypto-related crime and establishes harsh penalties for individuals and companies involved in this kind of crime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Crypto can help usual people to earn more usdt

The only new project tested and trusted is a great project from ElectraProtocol which is $xep coin

Time to short 👍

These kind of news brings joy to my heart

Ain't you surprised to see nobodyyy is talkin about this.?.

Just look at this

Looking forward to good news Bitcoin

🚀Thankss a millon

How comee everyonee is silent about thiss

Why ain't the media talking about this?. . .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in LAW

Law Law Latest News, Law Law Headlines