The upper house of the National Congress of Brazil – the Federal Senate – reportedly approved the bill that could serve as a regulatory framework for the local cryptocurrency industry. The legislation needs to receive a green light from the Chamber of Deputies before becoming live.The largest nation in South America is gradually moving towards establishing rules on its digital asset ecosystem.
In turn, the government is yet to decide whether additional amendments should be added to the bill. Brazil’s lawmakers will also define which Federal organization will serve as a top financial watchdog to oversee the cryptocurrency providers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Brazilian Senate Plenary Approves Bill Regulating Crypto TransactionsThe Brazilian Senate plenary, SenadoFederal, approved on Tuesday night a bill regulating crypto transactions, which will be voted on by the Chamber of Deputies. oalvespaulo and andresengler report for CoinDeskBrasil. Thank you very much_, ࠭ SenadoFederal oalvespaulo andresengler Brasil Welcome to ImpactXPToken's Positive Humanitarian and Ecological Accomplishments already in 2022! Help us make an Impact Become an IMPACTor today This is Compassion for the People and the Planet JadFarah12 saitamaprincezz karatademada LucieBG25 SenadoFederal oalvespaulo andresengler Brasil
Source: CoinDesk - 🏆 291. / 63 Read more »
New York Assembly passes two-year crypto mining moratorium billThe bill aims to impose a two-year moratorium, specifically preventing new permits from being issued to carbon-based fueled proof-of-work mining operations that use behind-the-meter energy. catarinalsm Florida and Texas real estate will keep going up. do New York following China's lead. Won't end well...
Source: TheBlock__ - 🏆 464. / 53 Read more »
ECB needs 'globally coordinated regulatory action' on crypto, says officialFabio Panetta, an executive board member at the European Central Bank, said global policymakers had made some progress in addressing regulatory frameworks on digital assets, but “not swiftly enough to keep pace with the emerging challenges.” XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars. BTC is digital gold 💎💎💎🔥🔥🔥 this legitimate clown news🤡🤡🤡
Source: Cointelegraph - 🏆 562. / 51 Read more »
Report: Afghans Use Crypto to Curb Taliban's Influence on Their Financial Well-Being – Featured Bitcoin NewsSince the militant group seized control, the value of crypto transactions per week has in some cases reportedly doubled. 💥IF YOU HODL!! 🚀 💥CRYPT0!! 🚀 Thanks so much for this gift MaticEvent
Source: BTCTN - 🏆 531. / 51 Read more »
Binance Introduces New Crypto Card for Ukrainian RefugeesBinance Refugee Crypto Card could aid millions of Ukrainians who have already left their country because of the ongoing war with Russia.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Sustainable energy usage for BTC mining grows nearly 60% in a yearAccording to the Bitcoin Mining Council, miners are fast adopting green energy with its members reporting a three-fifths increase in sustainable energy usage year on year. It's only right. Good on them. Keep it up! Keep going! XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars. “Data for the new report, which was self-reported from BMC members”. I recall listening in to the first BMC call they ever had and a miner sheepishly asked if they were obliged to report and were told no.
Source: Cointelegraph - 🏆 562. / 51 Read more »