In Brazil, a Bill Seeks to Include Crypto as a Method of Payment

A new bill has been proposed in the Brazilian Congress that seeks to introduce Bitcoin and other cryptocurrencies as a supported means of payment.

The bill, which was presented by Federal Deputy Paulo Martins, proposes to alter already existing Brazilian laws, including the civil procedure code.

The bill would also introduce the option of collecting and paying debts with crypto via the courts.

The bill would also introduce the option of collecting and paying debts with crypto via the courts.

This is part of the efforts of national regulators to establish clear norms for the use of crypto on Brazilian soil.

Another cryptocurrency bill has already been discussed and approved by the Brazilian Senate.

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