Bill to regulate crypto in Brazil for first time heads to Senate vote By Cointelegraph

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The Brazilian Senate is set to vote on a bill which would make the country the biggest in Latin America to regulate cryptocurrency.

The crypto bill was unanimously approved by the Senate’s Economic Affairs Committee on Feb. 22, potentially increasing the chances that it will pass a vote on the Senate floor. Once passed by both the Senate and the lower house, it will be sent to President Jair Bolsonaro to be signed into law.

The Brazilian crypto bill is set to be voted on by the Senate.