Important Step From Binance: Brazil Central Bank Recruits Ex-President to Its Team

Binance, the world’s largest cryptocurrency exchange, has hired the ex-president of the Brazilian Central Bank as a consultant.

Popular cryptocurrency exchange Binance is the former head of the Brazilian central bank, according to a recent report by O Globo, a local Brazilian newspaper. Henrique MeirellesHe included in his staff. Meirelles, one of the respected politicians of Brazil, Between 2003-2011 He was chairman of the Brazilian central bank. Then from 2016 to 2018 sat in the seat of the country’s economy minister. It is known that the politician attended and represented financial meetings related to cryptocurrencies in the last period of his career.

Can Brazil accept Bitcoin as legal currency?

When the past periods are examined, it is noticed that Brazil has been following cryptocurrencies closely. Currently Director of the Central Bank of Brazil Fabio Araujo, August Bitcoin in a statement earlier this month as a financial innovation He stated what he saw. In addition to this, Araujo said that the authorities in Brazil who are interested in the subject, have the technological infrastructure of Bitcoin. for nearly 10 years He said they were investigating. In parallel with all these research studies, the leading South American country, which is working on a bill with positive articles on cryptocurrencies, is on the verge of ratifying the law in question.

In addition to the bill, Brazil’s Rio de Janeiro It is known that in 2023, Bitcoin will be accepted for property tax payments in the city. It is also Brazil’s largest digital bank. NubankIt was announced that at the beginning of July, Bitcoin purchase and custody service was activated for more than 53 million customers.

After all these crypto-friendly moves, now BinanceThe hiring of an important Brazilian politician as a consultant may cause us to encounter the regulation and crypto money integration studies carried out jointly between Binance and Brazil in the coming days. Such agreements, which do not seem very effective for the short term, are considered long-term. global awareness of cryptocurrencies and can be interpreted as serious steps in order to work in harmony with the states.

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