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  • Cryptocurrencies Are Here To Stay! Brazil Slow To Legislate Cryptocurrency Regulation: Struggling To Define SEC Regulation Over Cryptos

Cryptocurrencies Are Here To Stay! Brazil Slow To Legislate Cryptocurrency Regulation: Struggling To Define SEC Regulation Over Cryptos

Brazil realizes the permanence of cryptocurrencies, tries to begin regulatory involvement for cryptos. 
1 min read
permanence of cryptocurrencies

Photo by Danilo Marcelino

Sep 4, 2022

  • Brazil realizes the permanence of cryptocurrencies, tries to begin regulatory involvement for cryptos. 
  • Brazil’s SEC is struggling to decide and define digital assets, securities, and what the roles of the central bank and SEC should be.
  • As of yet, the bill would not lead to SEC regulation of Cryptos.

Successful legislation would allow for the use of cryptocurrencies, clear language on what to do and not do, and set expectations for consequences of certain behavior.


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Tags: Bitcoin crypto Crypto market crypto news crypto wallet cryptocurrency Ethereum

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