Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
— Removed, Senates, Bill, Elections, Vote, Starting, Postpones, Presidential, Congress, Deputies — 1 min read
Deputies were going to consider the crypto bill before the congressional recess, starting next week, but the treatment of a budget guidelines law and a proposed constitutional reform for the medical sector have dominated the legislative agenda. The Chamber of Deputies has not reached a consensus on a final text as Congressman Expedito Netto (PSD-RO) removed two articles from the Senate’s original bill. The first removed article required exchanges to keep their assets separate from those of customers. The second demanded exchanges to already have an EIN in Brazil in order to apply for a license. The second article demanded exchanges already had a license to operate in Brazil, and the third demanded exchanges had an application for a licence to operate at least in the country. Source