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Market Cap: $2,905,692,986,217     
24h Vol: $64,980,493,784
CryptoGlobe 2022-12-25 15:56:35

Brazil’s New Crypto Regulation Allows Digital Currencies to be Used As Payment Methods

Brazil’s New Crypto Regulation Allows Digital Currencies to be Used As Payment Methods
Brazil President Jair Bolsonaro has signed into law a bill that “provides for the inclusion of virtual currencies and air mileage programs in the definition of ‘payment arrangements’ under the supervision of the Central Bank.” This bill was passed by Brazil’s Chamber of Deputies on 29 November 2022. The Brazilian Parliament, which is called the National
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