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Brazil Congress considers proposal to exempt tax on renewable mining
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Brazil’s Congress is set to look at several proposals around cryptocurrencies as per local reports. As part of the proposal, the central bank of the country is suggested as the main regulator to oversee the crypto market. However, the Brazilian Securities Commission (CVM) can also overlook certain aspects of the sector.
Apart from that, the report also indicated that cryptocurrencies should be regarded as currencies. As currently, Bitcoin (BTC) among other assets is akin to a commodity like
Read more on ambcrypto.comAbout this in other media
Crypto Bill: More Changes Likely, Government May Consider Executive Order ndtv.com /3 years ago
Brazil’s only stock exchange, B3 to test the crypto-waters amid rising interest ambcrypto.com /3 years ago
Law Decoded: A different Congress hearing, Dec. 6–13 cointelegraph.com /3 years ago
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