Crypto CEOs are courting Brazil’s central bank as legislation moves through National Congress (via k_majch)
Fabio Tonetto Plein as its new Brazil country manager, who joins the crypto company after previous management roles at PicPay and Uber.that it would “explore” the acquisition of Brazilian securities brokerage Sim;paul Investimentos. The status of those talks is unknown.with Brazilian lawmakers, following years of deliberation.
The legislation still has to pass muster with Brazil’s lower house before it would go to president Jair Bolsonaro for a vote, but it could have a decent shot of becoming law. The bill gives Brazil’s executive branch the ability to decide on which government entity would regulate crypto companies, although rapporteur Irajá Abreu hasMeanwhile, Brazilians now have more options than ever to trade crypto as additional exchanges move into the market and even banks start embracing digital assets.
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