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.

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

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

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

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

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

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