Brazilian Deputy Request Public Hearing to Discuss Bitcoin
A Brazilian deputy has requested the Finance and Taxation Committee to conduct a public hearing on Bitcoin, sources report. Manoel Junior, a congressman for the State of Paraiba, doesn't have a track record of speaking for/against the digital currency sector. His earlier public welfare initiatives were mostly focused on municipal and medical developments, showing no affiliation with the technology sector. The second-time elected politician however is backing a Bitcoin Exchange, coinBR, in their initiative to boost the Brazilian digital currency market. In his letter addressed to the....
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Brazilian Congressman Manoel Junior has proposed a public hearing to discuss bitcoin and digital currency regulation. The hearing, if held, would involve representatives from Banco Central do Brasil; the Receita Federal, the Brazilian tax enforcement agency. Conselho de Controle de Atividades Fiancerias, the country's anti-fraud agency; and representatives of the local bitcoin industry. CoinBR CEO Safiri Felix, the only company named in the official request, indicated that discussions about such a meeting have been ongoing since a report on the technology was released by the Brazilian....
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers.Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be made only after selling a mutual agreement between the workers and the employer. According to....
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again in September.
Brazilian Congress Sidelines Crypto Bill Discussion
The Brazilian Congress, which had slated for this week the discussion and a possible vote of a proposed cryptocurrency bill, sidelined it to deal with other legislative issues. The deputy....
The US Commodity Futures Trading Commission (CFTC) will discuss the application of blockchain technology in derivatives markets during a meeting of its Technology Advisory Committee later this month. According to a notice published today, the hearing will take place on 26th January at the agency’s Washington, DC headquarters. The meeting is open to the public. The notice states: "The TAC will discuss: (1) the Commission's proposed Regulation Automated Trading ("Reg AT"); (2) swap data standardization and harmonization; and (3) blockchain and the potential application of distributed ledger....
The U.S. Department of Justice announced Wednesday the seizure of $24 million in cryptocurrency after a request from Brazilian police.