Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill

Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill

The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including tokenized physical goods and carbon credits. Brazilian CVM Presses for Changes in Current Cryptocurrency Bill The Brazilian securities watchdog, the CVM, is pressing for changes in the cryptocurrency bill that will clarify how virtual assets will be treated in the country. The new directive....


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