The Brazilian Senate has approved the first bill regulating cryptocurrencies in the country.
Cryptocurrencies of the bill approved on April 26 it will be regulated. Bill submitted by a senator, Brazil will be presented to the council.
If the bill is passed, the Brazilian government will attempt to regulate cryptocurrencies. will create a new government agency and will take this task from the Brazilian stock exchange commission (CVM).
The session in which the bill was approved was chaired by Senate President Rodrigo Pacheco. Pacheco said in a statement on the subject:
Congratulations to Senator Iraja for ratifying this important bill here.
said.
Previously, this bill was proposed by MP Aureo Ribeiro in 2015. The bill prepared by Riberio was combined with the bill prepared by Senator Iraja Abreu and was approved in this way.
There were also speeches in the Senate about tax exemption for ASIC mining devices.