Published on November 20th, 2015 | by bitcoin0
Brazil regarding bitcoin regulation
Brazil’s House of Representatives held a hearing this week to discuss a bill that would give the country’s central bank oversight of digital currency activity in the country.
According to JusBrasil, Rodrigues voiced opposition to regulating digital currencies, stating that “rules convey the feeling that the currency is safe”.
Central bank representative Anselmo Pereira Araujo Neto said (according to Google Translate) during the hearing that, while international examples are important, any regulatory frameworks that are developed must be rooted specifically to Brazil.
“We will not copy international rules that are not adapted to our reality,” he said.
The full text of the Brazilian bitcoin bill can be found below:
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