The Chamber of Deputies of Brazil approved crypto payments throughout the country.
Cryptocurrencies do not have legal tender around the country despite the new crypto law’s approval.
Digital currencies and air mileage programs will be payment methods only under the control of the country Central Bank.
In detail: the Brazil Central Bank will be involved when people use Bitcoin as payment; the Country Security and Exchange Commission will supervise when Bitcoin is used as an investment benefit.
BCB, CVM and RFB - Federal Tax Authority - gave birth to the realization of the new legislation.
SOURCE: BitcoinMagazine
READ ABOUT ELON MUSK CRYPTO STATUE…
Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
