Brazil approves law to regulate crypto
The Brazilian Senate approved the regulatory bill for crypto trading in a plenary session late Tuesday. The bill will be voted upon next in the Brazilian Chamber of Deputies
By Shashank Bhardwaj
Image: Adriano Machado / Reuters
A regulatory bill for crypto trading activities was introduced in the Brazilian Senate. Introduced by Senator Flavio Arns, the bill is being considered a historic move by the Brazilian government aimed at regulating the crypto market and the first step toward creating a regulatory framework for Brazil’s crypto industry.
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