Cryptocurrency News

Brazilian proposal would make crypto payments legal and protect private keys

06/15/2022

Less than a minute

2022.06.15 10:31

Brazilian proposal would make crypto payments legal and protect private keys

A proposed addition to an existing Brazilian law would grant Brazilians the right to use cryptocurrency as a means of payment while protecting their private keys from being taken by the courts.

Federal Deputy Paulo Martins issued the proposal to the country’s legislature on June 10. If passed, the bill would expand both the legal uses of cryptocurrency in Brazil and the power the courts would have in confiscating it.

06/15/2022

Less than a minute

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