Brazil’s Senate approves 'Bitcoin law' to regulate cryptocurrencies
Cointelegraph
Published Apr 26, 2022 09:58PM ET
Updated Apr 27, 2022 12:00AM ET
Brazil’s Senate has passed the country's first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry.
The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country. This is expected to occur by the end of 2022, according to experts who spoke with Cointelegraph Brazil.
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Written By: Cointelegraph
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