The legislation would also classify digital assets as an “investment asset class” in the country. While the framework bill represents a “huge step forward for cryptocurrency adoption,” it does fall shy of making Bitcoin an official legal currency in the country.
Estimated reading time: 0 minutes, 23 seconds
Brazil Takes Big Step Forward with Digital Asset Classification Legislation
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
-
-
-
Sep 24 2020
-
Written by FinTech News Brief Staff
-